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ECSA: EU budget could support maritime decarbonisation plans

07 May 2018

The European Community Shipowners’ Associations (ECSA) says it is “positive” towards the proposal for the EU budget 2021 – 2027.

Specifically, it believes the large increase of the EU budget for Research, Innovation and Digital and for Climate and Environment could provide resources to support the European shipping industry in its transition to decarbonisation.

“The very ambitious reduction goal, on the pathway to full decarbonisation, will require breakthrough R&D for technologies, equipment and fuels not yet existing,” said ECSA Secretary General Martin Dorsman.

“Funding by international institutions such as the EU will be necessary and creates growth and jobs in Europe.

“It will safeguard the leading position the European maritime cluster now has in developing and producing high tech vessels and equipment for the European and international shipping industry.”

The International Maritime Organization (IMO) adopted in mid-April an initial strategy to reduce the total annual greenhouse gas (GHG) emissions from ships by at least 50% by 2050 compared to 2008 levels.

Photo credit: European Parliament
Published: 7 May, 2018

 

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