Summary of Our Oceans: Our Future - Lloyd's Register

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This video discusses the role of the shipping industry in climate change and sustainability. It outlines the challenges that the industry faces in meeting ambitious targets set by the International Maritime Organization. Potential solutions are presented, including reducing carbon emissions, conserving resources, and improving ocean literacy.

  • 00:00:00 Lloyd's Register is working to help steer ocean governance and sustainability with the emergence of new technologies and policies. The International Maritime Organization or IMO has set ambitious targets for shipping to half emissions by 2050 compared to 2008 levels, ultimately aiming to get rid of them altogether. If shipping were a country, it would rank 6th in the world for greenhouse gas emissions. The industry accounts for two to three percent of emissions currently and without action it could end up multiplying them by up to 250 percent. Transition pathways produced with the university maritime advisory service or umas underlines the need for shipping to ramp up decarbonisation. Meeting the IMO's targets for 2050 means the shipping industry has to weigh up technical operational and investment challenges in order to achieve these goals.
  • 00:05:00 The shipping sector has shown leadership in addressing climate change and sustainability, and it is important to continue this momentum. The blueprint presented in this video offers potential solutions to marine sustainability issues, including reducing carbon emissions, conserving resources, and improving ocean literacy. Everyone has a role to play in addressing these issues, and together we can make a difference.

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