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

Carbon Market Watch urges the European Union to revise its proposal for a global shipping carbon levy before the April 2025 IMO negotiations. The organization argues that the current plan lacks sufficient support for least developed countries (LDCs) and small island developing states (SIDS), who are most vulnerable to increased shipping costs. It recommends that the EU expand revenue use beyond the maritime sector, allocate more funds to vulnerable nations for climate adaptation and resilience, and establish transparent redistribution mechanisms to ensure a just transition.

• The European Union proposes a maritime carbon levy of €100 per tonne of greenhouse gas emissions, which is approximately 30% higher than the current price of the EU Emissions Trading System (EU ETS).
• The EU's current proposal is criticized for lacking a support framework and funding for vulnerable countries to develop infrastructure and research capacity, and for limiting the use of revenue exclusively to the maritime sector.
• Least developed countries (LDCs) and small island developing states (SIDS) are identified as the most affected by carbon pricing in shipping due to their heavy dependence on the sector for trade and basic supplies.
• To secure a deal at the International Maritime Organisation's MEPC 83 session in April 2025, the EU should expand revenue use beyond the maritime sector, increase allocations for vulnerable countries, and establish transparent redistribution guidelines.

APA

Bonnet-Cantalloube, B. (2025). EU must steer proposed shipping carbon levy towards needs of most vulnerable countries. Carbon Market Watch. https://carbonmarketwatch.org/2025/02/13/eu-must-steer-proposed-shipping-carbon-levy-towards-needs-of-most-vulnerable-countries/

Chicago

Bonnet-Cantalloube, Bastien. EU must steer proposed shipping carbon levy towards needs of most vulnerable countries. Carbon Market Watch, 2025. https://carbonmarketwatch.org/2025/02/13/eu-must-steer-proposed-shipping-carbon-levy-towards-needs-of-most-vulnerable-countries/.

Wikipedia

{{cite press release |last1=Bonnet-Cantalloube |first1=Bastien |title=EU must steer proposed shipping carbon levy towards needs of most vulnerable countries |publisher=Carbon Market Watch |date=13 February 2025 |url=https://carbonmarketwatch.org/2025/02/13/eu-must-steer-proposed-shipping-carbon-levy-towards-needs-of-most-vulnerable-countries/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{bonnetcantalloube2025must, author = {Bonnet-Cantalloube, Bastien}, title = {{EU must steer proposed shipping carbon levy towards needs of most vulnerable countries}}, publisher = {Carbon Market Watch}, year = {2025}, month = feb, url = {https://carbonmarketwatch.org/2025/02/13/eu-must-steer-proposed-shipping-carbon-levy-towards-needs-of-most-vulnerable-countries/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }