European Parliament agrees on a compromise position on the monitoring, reporting and verification (MRV) of CO2 emissions from maritime transport

Members of the European Parliament’s Environment, Public Health and Food Safety (ENVI) Committee agreed yesterday on a compromise position on the monitoring, reporting and verification (MRV) of CO2 emissions from maritime transport, which lays the foundation for a global measure to reduce CO2 emissions from international shipping, ECSA said in its press release.

Shipping being a truly global industry, regional legislation often runs the risk of reducing the competitiveness of the European maritime transport sector in this fast-moving and volatile globalised environment. The need for measures adopted and enforced at international level is therefore essential for the preservation of the EU’s competitive edge.

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