Financial Ports

EU’s €30bn Shortfall Threatens Shipping’s Green Transition

CLAVE 1 / 4€30 billion gap identified in EU support for sustainable maritime fuels and technologies.

CLAVE 2 / 4The European Commission proposed 110 million ETS allowances for the SMAP mechanism, covering only a third of the required funding.

CLAVE 3 / 4Shipping pays 20% of total ETS revenues despite being responsible for just 10% of emissions.

CLAVE 4 / 4ECSA urges the EU to triple SMAP funding to 330 million allowances to meet FuelEU Maritime’s 2040 target.

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