EU agrees to the world’s first green shipping

The Commission welcomes the political agreement reached between the European Parliament and the Council that increases the maritime transport sector’s contribution to reaching the EU-wide target of reducing net greenhouse gas emissions by at least 55% by 2030, and to achieving climate neutrality in 2050.

Early this morning co-legislators agreed on FuelEU Maritime – a new EU regulation ensuring that the greenhouse gas intensity of fuels used by the shipping sector will gradually decrease over time, by 2% in 2025 to as much as 80% by 2050. This measure will help reduce greenhouse gas emissions from the shipping sector by promoting the use of cleaner fuels and energy.

The deal complements the provisional agreement reached on 18 December 2022 to include shipping emissions in the EU Emissions Trading System (EU ETS)both key initiatives in the EU’s efforts to reduce maritime emissions.