Factor

Factor CO2 imparts to Uniport an information day on CO2 monitoring obligations for the maritime sector

08 March 2017 | Markets

This Wednesday, March 8th, the team of Factor, represented by Iker Larrea and Iria Flavia Peñalva, will impart the information day on: "New obligations for the maritime sector associated with the monitoring, reporting and verification of their CO2 emissions" for the shipping and Maritime consignment of Bilbao, with the collaboration of Uniport Bilbao.

According to the International Maritime Organization (IMO), maritime transport is responsible for approximately 1 billion tCO2 (2.5% of global emissions). Between 1990 and 2007, emissions increased in the sector by 48% and are expected to increase by 50% to 250% by 2050. Therefore, it is becoming increasingly urgent to take efficient measures to reduce emissions of greenhouse gases.

To achieve this reduction of emissions effectively in the sector as a whole, from the European Union in collaboration with the IMO, a strategy has been developed to integrate the sector into the European policy of reducing its domestic emissions, with the main mechanism of the European System of Emissions Trading.

During the day, Factor’s team will detail the new obligations that are presented to the sector to adequately comply with these regulations, as well as the procedures and deadlines of these requirements with respect to the sector's CO2 emissions.

 

Since 2004, Factor CO2 has offered technical consulting and market services to governments and international organizations, as well as more than 400 companies.

 

 

Source: Factor