EU Commits €3.4 Billion to Advance Net-Zero Maritime Technologies
The European Commission has approved €3.4 billion for 77 net-zero technology projects across 23 countries. This funding, part of the EU’s Innovation Fund, targets sectors like energy-intensive industries and renewable energy. Noteworthy projects include green ammonia fleets and retrofitting large carriers, aiming to cut greenhouse gas emissions by 290 million tonnes.
