[Majuro, January 10, 2025] – The 6PAC+ Alliance welcomes the endorsement of the greenhouse gas (GHG) emissions levy by Panama and Liberia, the world’s two largest shipping registries and other major shipping nations.

This recent support signals a broader recognition of the necessity and fairness of this Pacific-driven approach, which has been a cornerstone of the Pacific-led strategy for maritime decarbonization and demonstrates a global alignment with the 6PAC+ Alliance’s unwavering commitment to a 1.5-aligned Just and Equitable Transition (JET).

Pacific nations have long championed a universal carbon levy as the most effective economic measure to reduce GHG emissions, bridge the price gap between fossil fuels and zero-carbon alternatives, and generate critical revenues to support the global energy transition.