Gearing up for a net zero GHG emission in Malaysia shipping sector: A reference from the United Kingdom

Abstract

International shipping is critical to facilitating approximately 80–90% of global trade. However, shipping accounts for a significant portion of GHG emissions, accounting for approximately 3% of total emissions. Recognising the environmental impact, Malaysia has implemented policies set by the IMO aimed at cutting GHG emissions from ships by half by 2050. By drawing analogies to the United Kingdom, the paper provides an overview of Malaysia’s current trajectory on decarbonisation pathways. Despite the numerous technical and structural challenges associated with decarbonising the shipping industry, the establishment of a strong policy framework and the implementation of a comprehensive action plan could help to meet its targets by 2050. Finally, significant paradigm shifts in technology, regulatory, and legal frameworks, as well as financial incentives, were required to accelerate Malaysia’s progress towards achieving the IMO 2050 goals.

Keywords

• Zero carbon
• GHG emissions
• Malaysia
• shipping
• IMO
• United Kingdom