Executive Summary

In support of documents ISWG-GHG 18/2/5 (Austria et al.) and ISWG-GHG 18/2/6 (Bahamas et al.) this document provides comments on the further work that will be needed in order to operationalize the IMO GHG Strategy Implementation Fund (the Fund) through the development of guidelines/charter.

This document describes the importance of the development of that detail as a matter of urgency, as the detailed specification is critical for ensuring that the impacts on States of the mid-term measures can be understood at the point of their adoption. This document proposes that whilst finalization of amendments to MARPOL Annex VI should be the priority for work up to MEPC 83, the guidelines/charter relating to the Fund will need rapid development thereafter, and proposes a way forward to enable that.