![Shipping Industry Prepares for World-First Mandatory CO2 Charge](https://static.myboardtoday.com/app/fdcb87e3-3d43-4526-9db4-23dcf1b9f7ce/36f681e2-1d56-4b0f-92e9-5c5962d9fa26_-_0b7691de-cdea-46b2-8f52-127ba92d7f23-cover.webp)
The shipping industry is on the brink of becoming a test case for a groundbreaking initiative: the introduction of a global, mandatory charge on greenhouse gas emissions. Discussions at a London meeting brought the International Maritime Organization, the global regulatory body for shipping, closer to the implementation of such a levy. The United Nations agency is aiming to put the finishing touches on the measure next year, with the goal of enforcing it by 2027.