Guy Platten, the Secretary General of the International Chamber of Shipping, has called for a levy-based GHG pricing mechanism ahead of the UN IMO Intersessional Working Group on Reduction of GHG Emissions from Ships. The proposed GHG charge seeks to reduce the cost disparity between traditional marine fuels and lower emission alternatives in the shipping industry. The initiative aims to incentivize the adoption of green energy sources like green methanol, green methane, green ammonia, green hydrogen, and biogenic marine fuels. There is optimism with 51 co-sponsors, including the European Commission, supporting a joint submission advocating for the levy-based pricing mechanism to be implemented through the IMO GHG Strategy Implementation Fund. The proposal emphasizes the need for a global solution to effectively address GHG emissions in shipping, despite some Member States not fully committing yet. The joint submission outlines regulatory text for amendments to the IMO MARPOL Convention, which will mandate GHG contributions from shipping companies per tonne of CO2 emitted to the new IMO GHG Strategy Implementation Fund. Discussions on these amendments are set to take place in the next IMO meeting, with approval targeted at the IMO Marine Environment Protection Committee in April.