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On Thursday, Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonisation.

The last plenary of the European Parliament in Strasbourg for this five-year term adopted earlier today the new law, which aims to scale up industrial capacity for green technologies in Europe.

SEB sets a net-zero aligned 2030 target for the shipping sector in line with its commitment to the Net-Zero Banking Alliance. This means the emission intensity in the bank’s shipping portfolio must be reduced by 41 per cent by 2030 compared to the base year 2022.

Speaking at media briefing in Singapore on 19 April IMO Secretary-General Arsenio Dominguez expressed confidence that shipping would hit the 2030 target, the first of two checkpoints leading to an ambition of net zero emissions at or around 2050.

The head of the International Maritime Organisation (IMO) is “very confident” that the shipping industry is on track to finalise by next year how it will reach goals to reduce greenhouse emissions.

Companies leading decarbonisation efforts should share their results for the benefit of the industry urges IMO secretary general.

Port Decarbonization Survey: Trends and Lessons Learned provides insights to help ports, community stakeholders and policymakers, among others, work collectively on reaching decarbonization targets.