On 25 July 2023, the EU institutions agreed on the final text of the regulation on the use of renewable and low-carbon fuels in maritime transport (Fuel EU Maritime Regulation). The new legislation aims to put the maritime sector on a path to meet the EU’s 2030 and 2050 climate goals.
This is to be achieved by intertwined measures aiming to – reduce greenhouse gas (GHG) emissions from the shipping sector, and – promote its uptake of renewable and low-carbon fuels.
Our alert focuses mainly on the proposed monitoring, reporting and verification system (MRV) for ships’ energy consumption and fuels’ GHG intensity – the solution from the first group of measures (GHG reduction focus).
