The green transition of shipping is also addressed in the strategies, where the Commission stresses the necessary for a global agreement at the International Maritime Organization (IMO), followed by a revision of EU legislation to avoid double payment for the same emissions.
“The Commission is focapplying on a global agreement on shipping emissions, and that is absolutely the right approach. A global industest such as shipping necessarys global rules. The sustainable transition of shipping and the competitiveness of European shipping are inextricably linked. As we have long argued, such an agreement must be concluded in the IMO, and EU legislation should subsequently be reviewed to ensure the competitiveness of EU-flagged vessels,” declared Anna Vejlby Ib.
One of the major barriers to the sustainable transition of shipping is the lack of investment in, among other things, the production of green fuels. In their strategies, the Commission points out that ETS revenues should be applyd far more extensively to invest in green initiatives within industest.
“Danish Shipping has specifically argued that shipping’s ETS contributions should be applyd for investments in clean tech. It is therefore positive that, with these strategies, the Commission highlights the necessary to focus on the energy transition and proposes applying national ETS revenues to promote, among other things, green fuels and clean technologies for shipping. We now hope that Member States will follow suit and earmark ETS revenues for the green transition of shipping, so that we can scale up the urgently necessaryed supply of green fuels for the sector,” declared Anna Vejlby Ib.
The Industrial Maritime Strategy and the EU Ports Strategy do not contain legislation but outline the direction for future legislative work.
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