You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World ISWG-GHG 22: US Signals Openness to "Facility" Alternative to IMO Fund ISWG-GHG 22: US Signals Openness to "Facility" Alternative to IMO Fund by Martyn Lasek, Managing Director, Ship & Bunker Friday September 4, 2026 Tweet Follow @shipandbunker IMO Headquarters, London. File Image. Image Credit: Ship & Bunker. US sets out fund alternatives it could accept at ISWG-GHG 22 "Redline" opposition to any IMO -administered fund restated Brazil 's temporary "facility" concept among ideas the US is open to exploring Fund of NZF scale would take "years and years" to stand up, delegation argues The US has used an intervention at this week's IMO greenhouse gas talks in London to set out the alternatives it could accept to an IMO-administered fund, while restating its redline against the fund itself. They include a temporary "facility" that could be more streamlined and agile than a fund. The delegation made the comments during discussion of the fund question at the 22 nd session of the Intersessional Working Group on Reduction of GHG Emissions from Ships ( ISWG-GHG 22 ), sources at the IMO gathering told Ship & Bunker . The working group meets ahead of the resumed session at which member states are due to return to the question of adopting the Net-Zero Framework ( NZF ), which was approved at Marine Environment Protection Committee ( MEPC ) 83 in April 2025 but left unadopted after an extraordinary session adjourned last October. “ the intervention was framed around the argument that the IMO's 2023 GHG strategy never called for a fund "Please forgive me for briefly restating our principled, firm, and, yes, redline opposition to any