Overview
- Member states voted 57–49 to postpone adoption of the Net‑Zero Framework for one year after Saudi Arabia advanced a motion to defer.
- President Donald Trump declared the United States would not comply with the proposed fee and the State Department threatened tariffs, visa limits, port measures and sanctions against backers.
- Several countries shifted positions or abstained, with reports citing Greece, Cyprus, China and Singapore among those that helped tip the balance toward delay.
- The framework pairs a declining fuel‑carbon standard starting around 2028 with a fee on emissions above limits, expected to raise roughly $10–13 billion annually for cleaner fuels, incentives and support to vulnerable states.
- Supporters warn the setback injects regulatory uncertainty for shipowners and could spur fragmented regional rules, noting that IMO port‑state powers would have made evasion difficult if the plan were adopted.