A summary of the committee’s consideration of draft opinion is now available.
The European Investment Bank (EIB) and ING today signed an agreement to support green investments for the European shipping market for a total value of EUR 300m. ING and EIB will each contribute EUR 150m to the facility. This agreement will ensure that sponsors of green and sustainable projects in the maritime transport sector can benefit from advantageous financial terms.
No one likes being misled by airlines, not on price, or where their luggage ends up. But fliers face a new risk: being misled on how sustainable their flights are. In a few years, fliers could be told that some of their ticket price is being used to prevent deforestation when in reality those forests had been cut down years ago. That’s because in 2016 countries meeting at the UN’s aviation agency (ICAO) agreed to establish a scheme to offset aviation emissions above 2020 levels, but left it uncertain as to whether they would deliver on this promise. The scheme, known as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), means airlines won’t have to cut their CO2 emissions but instead pay other actors (the “offsetting” bit) to reduce theirs.
As women’s cycling continues to gain momentum, recycling programme ‘Every Can Counts’ has furthered its investment into the UK based Trek-Drops professional women’s cycling team for the duration of the 2018 season. This is the second consecutive year that the Every Can Counts programme, managed by the Aluminium Packaging Recycling Organisation (Alupro), has supported the female riders having seen the sport as an emerging market which has similar values to its own.
Light commercial vehicles, or vans, are a neglected area of EU road transport policy as they are often exempt from safety and environmental policy such as driving regulations or tolls, compared to their direct competitors, trucks. This enhances their attractiveness and in part explains why their use and emissions are growing. CO2 standards for van makers are much weaker than for cars, as a result van makers do not deploy the same efficient and innovative technologies to vans to lower their emissions.