Moves to close a loophole in enforcement of the cap on high-sulphur marine fuel, which comes into effect in January 2020, have been welcomed by the Clean Shipping Coalition (CSC). Ships will be banned at that time from burning any marine fuel with a sulphur content above 0.5%, but the ban does not prevent ships from carrying fuel exceeding the 0.5% limit. This opens up the possibility of massive avoidance by unscrupulous operators when operating out of sight on the high seas.
The European Commission has approved an investment package of €98.2 million to support Europe’s transition to a low-carbon, circular economy under the new LIFE funding programme for the Environment and Climate Action.
The agenda is available.
At its first meeting of 2018 the Board of the European Investment Bank approved a total of EUR 6.5 billion of new financing for 36 projects in 17 European Union countries and schemes in Africa, Asia and Latin America.