Year

Plan

Description

2018

IMO adopts initial strategy to reduce GHG emissions

Sets a series of GHG emissions reduction milestones through 2050

2020

Low-sulfur fuel mandate

Reduces the limit for sulfur content of fuel oil used in ships to 0.5 percent from 3.5 percent, effective Jan 1, 2020

2023

Short-term decarbonization deadline

Requires finalized short-term measures to reduce CO2 emissions by 2030

2030

Mid-term decarbonization deadline

Mandates an average 40 percent reduction in CO2 emissions per transport work by 2030 compared with 2008 levels

2050

Long-term annual GHG reduction deadline

Required a 50 percent reduction in total annual GHG emissions by 2050 and encourages efforts to phase out GHG emissions completely