Cyprus, Greece, Malta and Italy align on shipping carbon rules

AI Summary

Cyprus, Greece, Malta, and Italy have coordinated their positions on EU and IMO shipping carbon regulations, including the EU Emissions Trading System and the IMO Net-Zero Framework. This alignment aims for realistic, globally applicable measures to reduce shipping emissions.

Cyprus, Greece, Malta and Italy have agreed to coordinate their positions on both EU’s existing and IMO’s planned regulations to cut shipping emissions. The four EU countries specifically discussed the EU Emissions Trading System (EU ETS) and the IMO’s Net-Zero Framework (NZF) during a ministerial meeting in Limassol, Cyprus, calling for “realistic, globally applicable and ...