Navigation and shipping are responsible for 3% of global emissions and we are aiming to achieve zero emissions by 2050.

<p style=";text-align:left;direction:ltr">Weather of Arabia - According to a BBC News report, the global shipping industry has agreed to achieve zero emissions &quot;by or close to 2050&quot; after a week of talks. As Carbon Brief&#39;s policy correspondent Josh Gabbatis pointed out in a series of tweets from the site of the negotiations in London, this agreement pledges to set contract targets for the maritime industry: a 20% cut from 2008 levels by 2030 (but &quot;with the aim&quot; of 30). %; 30% by 2040 (but “aiming” for 70%; 80% by 2050 (but “aiming” for “almost net zero”).</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> This deal was agreed upon by 175 member states of the United Nations International Maritime Organization. As 90% of global products and commodities are transported by ship, making this industry responsible for 3% of global emissions. This is roughly equal to Germany&#39;s emissions and more than the entire aviation industry.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> According to a quick assessment of the agreement by the International Transport Council, &quot;most&quot; member states were happy with the outcome agreed upon in London. However, the new targets are not compatible with the Paris agreement&#39;s target of keeping global temperature rise below 1.5°C by 2100, although they could be compatible with limiting temperature rise to 2°C.</p>