Lloyds Registry

This means that shipping is much closer to alignment with the 2015 Paris Climate Agreement target of keeping global temperatures below 1.5 degrees Celsius of pre-industrial levels. In addition there are targets for carbon emissions reduction at indicative checkpoints of 20% by 2030 and 30 70% by 2040, compared to 2008 levels.

https://www.lr.org/en/knowledge/regulatory-updates/imo-meetings-and-future-legislation/mepc-80-summary-report/