EU must steer proposed shipping carbon levy towards needs of most vulnerable countries

The European Union (EU) has been promoting a proposal for a global carbon levy on international shipping, aiming to foster justice and equity for vulnerable countries. The EU’s proposal, which includes a levy of €100 per tonne of greenhouse gas emissions, aims to fund the adoption of clean fuels like e-methanol and e-ammonia. However, the proposal has been criticized for lacking sufficient support for least developed countries (LDCs) and small island developing states (SIDS). As such, negotiations at the International Maritime Organisation (IMO) must prioritize fairness and support for those most affected by climate change.