Emissions trading to be expanded in 2024: International shipping to be included on a mandatory basis

Integration into the EU ETS

This year, international shipping will be inte-grated into the EU Emissions Trading System (EU ETS) alongside the energy sector, ener-gy-intensive industry and aviation. This inte-gration is intended to contribute to a further significant reduction in greenhouse gas emis-sions. Globally, shipping accounts for around 2.9% of CO2 emissions, while in the EU this figure is 3.7%.

The new regulations provide for a gradual introduction of the obligation to purchase emission allowances for shipping. Specifical-ly, this means that from 2024, 40% of emis-sions must initially be covered by EUAs, with this proportion rising to 100% by 2026. This staggered introduction is intended to make it easier for ship operators to adapt to the new conditions

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