Estimating the eligibility of fossil LNG ships
The European Commission is currently finalising the criteria for shipping to be included in EU taxonomy rules, a classification system establishing which investments can be environmentally sustainable. Under the draft criteria proposed by the Commission for consultation in view of a Delegated Act, ships running entirely on fossil fuels could qualify as best in class technology, and thus eligible to green finance under future EU rules. This briefing takes a look at the implications of the new criteria for shipping companies and financial institutions.
European Shipowners (ECSA), Airlines for Europe (A4E), which represent the shipping and aviation sector at European level, along with the green transp...
Decisions at the International Maritime Organization next year will define the future of the shipping industry
Dedicating a quarter of the carbon market revenues from the shipping and aviation industries can help to bridge the price gap between fossil fuels and...