What is MRV for electrified shipping?

MRV (Monitoring, Reporting and Verification) is a system introduced by the International Maritime Organization (IMO) to monitor and report the emissions of greenhouse gases from shipping activities. In the case of electrified shipping, MRV plays an important role in ensuring the reduction of carbon emissions as part of efforts to combat climate change. This system requires ships to monitor their fuel consumption, distance traveled, and emissions of carbon dioxide, sulfur oxide, and nitrogen oxides. It also provides a verification process to ensure that reported data is accurate and reliable. By implementing MRV, electrified shipping can help to reduce emissions and provide a sustainable long-term solution for maritime transportation.

This mind map was published on 30 May 2023 and has been viewed 93 times.