Brussels, 22 April 2025: On April 11th, 2025 the International Maritime Organization (IMO), a UN body that regulates international shipping, approved a first-of-its-kind framework. While the path to approval was marked by intense negotiations, the outcome demonstrates what global multilateralism and cooperation can achieve. The agreement, which is expected to be formally adopted in October, will be the first sector-specific global regulatory framework aiming at reducing greenhouse gas emissions, based on a lifecycle assessment approach.