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1. States-members of the International Maritime Organisation (IMO) adopted today in London an Initial Strategy to reduce greenhouse gas emissions from international shipping. The Strategy will strengthen efforts to reduce emissions from this sector, which has already adopted ambitious and mandatory measures for improving energy efficiency.

2. At the negotiations, the Brazilian government was in favor of adopting an ambitious Strategy, in line with the United Nations Framework Convention on Climate Change, its Kyoto Protocol and its Paris Agreement. Brazil proposed that emissions from international shipping should peak and decline aiming to phase them out as soon as possible, no later than the second half of this century. For such, the Strategy should be based on solid information and data.

3. The most appropriate manner to achieve emissions reductions in this sector is by reducing carbon intensity, that is, reducing emissions from ships related to their transport work. This proposal, supported by Brazil and many countries, was incorporated in the Strategy: international shipping will reduce CO2 emissions per transport work by 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008.

4. The IMO also adopted in the Initial Strategy a global vision of absolute emissions reductions of 50% by 2050 compared to 2008, even in light of doubts expressed by many countries, such as Brazil, around a global goal of this nature. This could lead to rising maritime freight costs, with negative impacts disproportionately felt by developing countries and those countries geographically remote from their markets, impacts that have not yet been sufficiently investigated. There is also insufficient information on the costs of new technologies necessary to achieve that target. At Brazil's and other developing countries' suggestion, the Initial Strategy included elements that will help the IMO to seek answers to these issues.

5. The Strategy establishes that all action under the IMO should be guided by, amongst others, the "principle of common but differentiated responsibilities", which informs international cooperation in the area of climate change. Any measure to reduce emissions shall be subject to a previous assessment of its impacts on developing countries, in particular considering factors such as distance from markets, type of cargo, food security and socio-economic development.

6. From 2019 onwards the IMO will carry out data collection of shipping emissions and technical studies that shall inform the Final Strategy to be adopted in 2023. Brazil will continue to work for a Final Strategy that is ambitious and progressive, knowledge-based, in line with the principles and objectives of the Paris Agreement and aligned with trade promotion, sustainable development and food security.

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