IMO Net-Zero Framework
The IMO Net-Zero Framework remains an unadopted draft: MEPC 84 arranged further work toward MEPC 85 and possible resumption on 4 December 2026, not finalized detailed guidelines.
Operational Explanation
As of 15 September 2026, the draft approved at MEPC 83 has not been adopted. It combines a lifecycle fuel GHG-intensity standard with an economic mechanism. MEPC 84 provided for further negotiations: resumption of ES.2 on 4 December 2026 remains subject to MEPC 85 confirmation. Economic scenarios must retain these uncertainties explicitly.
Regulatory Reference
IMO — MEPC 84 outcomes; IMO — Net-Zero Framework FAQ. Draft approval, adoption and entry into force are separate stages.
Scope of Application
Thresholds, timetable, RU prices and supporting guidelines remain draft/open to amendment.
Procedure / How to Complete It
- Label every parameter draft/under negotiation.
- Do not use binding, has set or adopted before the act.
- For scenario analysis: draft RU Tier 1 USD100 and Tier 2 USD380/tCO2e, 2028–2030.
- Do not use prices as guaranteed liability.
- Update after MEPC 85/ES.2.
Practical Example
A charter scenario may model USD100/380 with sensitivity and a draft disclaimer, not as an operative price.
What Typically Goes Wrong
Writing MEPC 84 approved detailed implementation guidelines or prices have been set.
Common Mistakes Mistake Library
| Mistake | Consequence | How to Avoid It |
|---|---|---|
| Writing MEPC 84 approved detailed implementation guidelines or prices have been set. | Non-compliant decision or treatment | Follow the approved arrangement and applicable sources |
What the PSCO Checks
Operational Tips
- Version scenarios, assumptions, sources and dates; separate hypothetical costs from current obligations.
- Review assumptions after official MEPC outcomes without anticipating negotiations.
Preparation checklist
- Draft status
- No binding date
- RU draft labelled
- Scenario only
- Update gate
FAQ
Related Topics
Last substantive revision of this page: 15 September 2026 · page fingerprint 5ab5b93adf6a