The IMO has signed a partnership agreement with the European Bank for Reconstruction and Development (EBRD) to promote sustainable shipping in select countries’ maritime and port industries.
In addition to providing investment financing, the IMO and EBRD will work together under the agreement to provide technical advisory services, project preparation and planning, capacity building and institutional development.
They will initially focus on joint projects with the national authorities of Azerbaijan, Egypt, Georgia, Morocco, Tunisia and Turkey.
Gap analysis will be carried out with specific projects likely to focus on a range of safety and environment-related issues, centred on implementing and enforcing IMO regulations.
These projects could include: investment opportunities in sustainable transport, risk assessments for marine bioinvasions, sensitivity mapping and oil spill exercises, assessments of port emissions and more.
"This strategic partnership, combining IMO's global mandate and outreach and EBRD's experience and expertise on investment and finance, is expected to contribute a great deal to sustainable maritime transport and the implementation of the United Nations Sustainable Development Goals," said IMO Secretary-General Kitack Lim.
As part of the United Nations family, IMO is actively working towards the 2030 Agenda for Sustainable Development and the associated sustainable development goals. Most of the elements of the 2030 Agenda will only be realized with a sustainable transport sector supporting world trade and facilitating the global economy.