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Home > All news > Economy, Shipping > India votes in favour of first Global Carbon Tax on Shipping

India votes in favour of first Global Carbon Tax on Shipping

April 14, 2025
Reading Time: 2 minutes
India votes in favour of first Global Carbon Tax on Shipping

London - India and 62 other countries voted in favour of the world’s first-ever global carbon tax imposed on the shipping industry by the United Nations’ shipping agency. The decision, taken at the International Maritime Organisation (IMO) headquarters in London on Friday after a week of intense negotiations, aims to reduce greenhouse gas emissions from ships and promote cleaner technologies.

The move marks the first time a global carbon tax has been imposed on an entire industry. Starting 2028, ships will either have to shift to lower-emission fuels or pay a fee for the pollution . . .

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