The European Commission and the Waterborne Technology Platform reached a memorandum of understanding for a co-programmed partnership that is expected to guide the sector to zero emissions by 2050.
Namely, this agreement is part of Commission’s 11 new European Partnerships, which goal to boost investments in research and innovation and to overcome major climate and sustainability challenges.
What is more, the European Partnership for Zero Emission Waterborne Transport aims for the EU to lead and accelerate the transformation of maritime and inland waterborne transport to eliminate all harmful environmental emissions, including greenhouse gas, air and water pollutants, through innovative technologies and operation.
As explained, under the framework of Horizon Europe all the new European Partnerships will receive over €8 billion from 2021-2027.
The Commission adopted today Memoranda of Understanding to launch the Partnerships, which will start their operations immediately. A signature ceremony for the Memoranda of Understanding will take place at the European Research and Innovation Days on 23 June.
…the Commission stated.
Concluding, with an investment of nearly €10 billion, which the partners will match with at least an equivalent amount, they aim to speed up the transition towards a green, climate neutral and digital Europe, and to make European industry more resilient and competitive.