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Developing countries pushing back on GHG levy at IMO

A GHG levy for shipping has been facing a backlash from developing countries at the IMO on the grounds such a measure would jeopardise economic growth

China, Saudi Arabia and Brazil were among the IMO member states opposing a flat greenhouse gas levy for shipping, as divisions between developed and developing countries on the economic measures to complement the revision in broader GHG strategy were stark during the first two days of MEPC80

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