Fifteen Organizations Call For Bold Action on Europe’s Green Deal

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By The Maritime Executive 02-11-2020 06:28:38 file photo of Port of Rotterdam The European Commission’s release of its European Green Deal late last year outlined the ambition to reduce emissions by at least 50 percent by 2030 and to become carbon-neutral by 2050. A group of 15 European organizations representing logistics, ports, rail and shipyard industries has announced their support for the Green Deal, saying they believe that it can be an opportunity for Europe, particularly if it enables E.U. industries to benefit from a “new growth strategy” that will boost their competitiveness while becoming more sustainable. The organizations say the success of the Green Deal will depend on the regulatory framework and financial instruments that will be mobilized to support innovation and action. Legal certainty for private investments as well as a financial stimulation of “first movers” will be an important cornerstone for its ultimate success. Equally important is the mindset that will lead all stakeholders to focus on a better integrated transport system rather than on stand-alone transport modes. Combining rail, road, short sea shipping, inland waterways and air transport in a smart and efficient way will be crucial. Another key factor will be the E.U.’s ability […]

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