Subscribe to our Mailing Lists (It's free!)
Friday, December 1, 2023
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    Measures against oil fires onboard

    DNV: Addressing the surge in engine room fires on container ships

    Lessons learned: Consider the weather forecast when selecting a safe anchorage

    Lessons learned: Confined space fatalities due to Hydrogen Sulphide

    American Club animation

    Watch: American Club’s animation emphasizes near miss reporting

    Lloyd's Register

    LR: New provisions on the supervision and administration of vessels under special follow-up

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Prediabetes is a serious health condition: What you need to know

    Prediabetes is a serious health condition: What you need to know

    Stay SEAFiT: Why Musculoskeletal Health matters

    Stay SEAFiT: Why Musculoskeletal Health matters

    Book Review: A role model for ship managers

    Book Review: How technology will transform the work of human experts

    Why we should start talking about mentoring in shipping

    Why we should start talking about mentoring in shipping

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    center for zero carbon shipping green corridors

    US, Denmark, and Center for Zero Carbon Shipping collaborate on Global South Green Corridors

    AD ports Oil Tankers

    AD Ports Group expands shipping operations with acquisition of specialized oil tankers

    Wartsila 4 vessels

    Wärtsilä secures contract to supply CHS for four new medium gas carrier vessels

    UMAS: Key questions addressing the 2023 IMO GHG strategy

    GMF: The implications of the IMO revised GHG Strategy for shipping

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    K Line tests Autonomous navigation onboard RORO

    Autonomous navigation system successfully tested onboard RORO

    pil cargo screening tool

    Danelec expands maritime digitalization with Nautilus Labs’ AI technology platform

    carnival cyber security

    Swedish Club to offer cyber security insurance from 2024

    Shortlisted nominees announced for the 2024 SMART4SEA Awards

    Shortlisted nominees announced for the 2024 SMART4SEA Awards

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    fire onboard cargo vessel

    RISK4SEA announces CIC Preliminary Results on fire safety (September – October)

    Port State Control (PSC) inspections

    BMA: Key requirements for Port State Control inspections

    Port,Alma,,Australia

    AMSA bans third ship from poor-performing operator

    malaysia detains tanker

    UK MCA: Foreign flagged ships detained in the UK during October 2023

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    nord stream

    Baltic Exchange: Maritime market highlights 27 November – 1 December

    BIMCO Outlook on Dry Bulk: Muted fleet growth helps maintain market balance

    BIMCO Outlook on Dry Bulk: Muted fleet growth helps maintain market balance

    Mr. Dominguez Velasco

    Arsenio Dominguez Velasco confirmed as next IMO Secretary-General

    canada aerial surveillance

    Gard: IMO’s voluntary speed restriction scheme and WSC Whale Chart

  • Columns
    Career Paths: Nikeel Idnani, PPG and IMarEST

    Career Paths: Nikeel Idnani, PPG and IMarEST

    International Propeller Club: A balance between environmental goals and economic realities is vital

    International Propeller Club: A balance between environmental goals and economic realities is vital

    UK Club: Digitization plays a pivotal role in enhancing fire safety onboard

    UK Club: Digitization plays a pivotal role in enhancing fire safety onboard

    Trending Tags

    • Book Review
    • Career Paths
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Wellness Corner
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    Measures against oil fires onboard

    DNV: Addressing the surge in engine room fires on container ships

    Lessons learned: Consider the weather forecast when selecting a safe anchorage

    Lessons learned: Confined space fatalities due to Hydrogen Sulphide

    American Club animation

    Watch: American Club’s animation emphasizes near miss reporting

    Lloyd's Register

    LR: New provisions on the supervision and administration of vessels under special follow-up

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Prediabetes is a serious health condition: What you need to know

    Prediabetes is a serious health condition: What you need to know

    Stay SEAFiT: Why Musculoskeletal Health matters

    Stay SEAFiT: Why Musculoskeletal Health matters

    Book Review: A role model for ship managers

    Book Review: How technology will transform the work of human experts

    Why we should start talking about mentoring in shipping

    Why we should start talking about mentoring in shipping

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    center for zero carbon shipping green corridors

    US, Denmark, and Center for Zero Carbon Shipping collaborate on Global South Green Corridors

    AD ports Oil Tankers

    AD Ports Group expands shipping operations with acquisition of specialized oil tankers

    Wartsila 4 vessels

    Wärtsilä secures contract to supply CHS for four new medium gas carrier vessels

    UMAS: Key questions addressing the 2023 IMO GHG strategy

    GMF: The implications of the IMO revised GHG Strategy for shipping

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    K Line tests Autonomous navigation onboard RORO

    Autonomous navigation system successfully tested onboard RORO

    pil cargo screening tool

    Danelec expands maritime digitalization with Nautilus Labs’ AI technology platform

    carnival cyber security

    Swedish Club to offer cyber security insurance from 2024

    Shortlisted nominees announced for the 2024 SMART4SEA Awards

    Shortlisted nominees announced for the 2024 SMART4SEA Awards

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    fire onboard cargo vessel

    RISK4SEA announces CIC Preliminary Results on fire safety (September – October)

    Port State Control (PSC) inspections

    BMA: Key requirements for Port State Control inspections

    Port,Alma,,Australia

    AMSA bans third ship from poor-performing operator

    malaysia detains tanker

    UK MCA: Foreign flagged ships detained in the UK during October 2023

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    nord stream

    Baltic Exchange: Maritime market highlights 27 November – 1 December

    BIMCO Outlook on Dry Bulk: Muted fleet growth helps maintain market balance

    BIMCO Outlook on Dry Bulk: Muted fleet growth helps maintain market balance

    Mr. Dominguez Velasco

    Arsenio Dominguez Velasco confirmed as next IMO Secretary-General

    canada aerial surveillance

    Gard: IMO’s voluntary speed restriction scheme and WSC Whale Chart

  • Columns
    Career Paths: Nikeel Idnani, PPG and IMarEST

    Career Paths: Nikeel Idnani, PPG and IMarEST

    International Propeller Club: A balance between environmental goals and economic realities is vital

    International Propeller Club: A balance between environmental goals and economic realities is vital

    UK Club: Digitization plays a pivotal role in enhancing fire safety onboard

    UK Club: Digitization plays a pivotal role in enhancing fire safety onboard

    Trending Tags

    • Book Review
    • Career Paths
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Wellness Corner
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

EU issues green finance taxonomy, tackling ‘green-washing’

by The Editorial Team
November 29, 2019
in Regulation, Shipping
Swire Bulk
FacebookTwitterEmailLinkedin

The European Union along with its officials are making their efforts to advance the green investments in Europe, by bringing to the table the idea of easing the EU banking rules. The idea highlights the environmental ambitions of the next European Commission and the EU’s executive, which is going to be voted for a five-year term the following Wednesday, 4 December.

By regulating the US$30 trillion (S$41 trillion) treasure trove green finance, the EU seeks to boost its performance on climate change, as if the regulations eventually be agreed, they will be applied only in Europe. Since several regulations made in the bloc had global ramifications before, because corporations seeking access to the region’s €16 trillion (S$24 trillion) economy often find it easier to adopt its rules than to adjust to multiple regimes.

Occasioned by several misleading practices known as ‘greenwashing’, which call products sustainable and environmental friendly even if they don’t really are, the EU plans to establish a catalogue, known as taxonomy, in order to defense this issue.

The EU does believe it is a global leader here and that it’s going to help set a standard

… said Citigroup’s co-head of European government affairs Ilan Jacobs.

RelatedNews

US, Denmark, and Center for Zero Carbon Shipping collaborate on Global South Green Corridors

Wärtsilä secures contract to supply CHS for four new medium gas carrier vessels

The taxonomy will involve sustainable practices that qualify green bonds, funds and other products. With the federation’s new proposal under consideration and its goals to establish mutual definitions for green investments, the taxonomy is estimated to become the basis for new rules by the of 2022.

If everything goes smoothly, investment funds that want to claim they contribute to environmental goals ,would have to disclose to what extent they are compliant with the European standards.

Investors will need data and so, investee companies can expect to be asked to explain whether or not they meet the taxonomy criteria, even if company operations are based outside Europe.

…said Mr Nathan Fabian, a member of the technical expert group.

According to the Global Sustainable Investment Alliance, more than US$30 trillion of funds were in sustainable or green investments at the beginning of the last year. Through the ‘green’ investment push, the EU further plans to funnel more private funds into such products to stem the costs of the Paris Agreement.

 

 

EU issues green finance taxonomy, tackling ‘green-washing’
EU issues green finance taxonomy, tackling ‘green-washing’
Tags: environmental protectionEUgreen financegreen practices
Previous Post

2019 Guidelines for PSC under MARPOL Annex VI Chapter 3

Next Post

Watch: Steps to achieve stronger UK ports

Related News

fire hose nozzles
Alerts

LR: EU recalls defective AWG fire hose nozzles

November 30, 2023
Aegean Shipping Management expands fleet with two LR2 ice class tankers
Green Shipping

Aegean Shipping Management expands fleet with two LR2 ice class tankers

November 29, 2023
bp germany hydrogen hub
Fuels

EU reaches agreement on proposed hydrogen and gas directive

November 29, 2023
Damen Shipyards launches fully electric Service Operations Vessel
Green Shipping

Damen Shipyards launches fully electric Service Operations Vessel

November 29, 2023
offshore wind supply chain
Green Shipping

EMSA: Wind-assisted propulsion systems are a promising technology for industry’s decarbonization

November 28, 2023
MHI and Orica have signed a Memorandum of Understanding
Green Shipping

MHI and Orica Explore collaboration for emission reduction initiatives

November 27, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result

Recommended

Shortlisted nominees announced for the 2024 SMART4SEA Awards

Shortlisted nominees announced for the 2024 SMART4SEA Awards

November 23, 2023
singapore border measures

Do you know what GT and DWT measure in a ship?

November 10, 2021
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2021 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Opinions
    • Book Review
    • Career Paths
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Wellness Corner
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2021 SAFETY4SEA

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.