From January 21, interested parties can apply for funding through the Incentive Scheme Climate-Friendly Shipping. Specifically, the Port of Rotterdam Authority has allocated five million euros for this reason. This incentive meets the goals of the World Ports Climate Action Program, which was initiated in September 2018. The scheme will run until the end of 2022.
To decarbonise logistics in Rotterdam, the Port’s Authority CEO Allard Castelein announced a EUR 5 million incentive scheme for climate-friendly shipping. This scheme will support ship owners, charterers, fuel suppliers and producers testing low-carbon or zero-carbon fuels that can help cut the sector’s CO2 emissions.
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Namely, the scheme regards fuel projects that reduce CO2 emissions by over 50%. In cases where the proposed project involves biofuels, these have to be of an advanced nature and be produced from residual flows and waste flows:
- Any party is allowed to submit an application, provided the alternative fuel project directly involves parties within the relevant transport chain and the applicants intend to actually use a qualified alternative fuel for the propulsion of a sea-going vessel;
- The alternative fuel in question needs to be bunkered within the port of Rotterdam.
Allard Castelein noted:
We wish to play an active part in the reduction of CO2 emissions generated by the shipping sector. Through this scheme, we are able to give various parties just that extra financial push they need to realise a concrete project in this area
The scheme is now officially open to applications. Through this scheme, the Port Authority will contribute to the realisation of climate policy targets in the Netherlands and worldwide. The scheme runs until the end of 2022.
it also aligns with the goals of the World Ports Climate Action Program, which was launched in September 2018. In this partnership, the port authorities of Hamburg, Barcelona, Antwerp, Los Angeles, Long Beach, Vancouver and Rotterdam are collaborating on projects to limit the shipping sector’s contribution to global warming.