Tag: taxonomy

NGOs Fossielvrij, Protect our Winters, Dryade, CLAW, and Opportunity Green, have launched a legal challenge against the European Commission, requesting it to review its green investment rules on aviation and shipping.

During the 2023 GREEN4SEA Athens Forum, Dr. Konstantinos Galanis, Chairman, International Ship Recycling Association, pointed out that ship recycling is not a stand-alone industry. He noted that organizations should be empowered to foster collaborative thinking to further drive waste management by applying safe processes and utilizing innovation.

During the 2023 GREEN4SEA Athens Forum, Dr-Ing Orestis Schinas, Scientific Advisor, HHX.blue, briefly outlined the provisos and impacts on shipping of sustainable finance, Poseidon Principles and EU Taxonomy, which are currently major developments in Europe’s financial markets.

Transport & Environment (T&E), announced that EU Commission published its updated list of sustainable investments, in which planes and ships that run on fossil fuels could be given "green" investment status.

The next decades will be immensely critical in resolving the climate change phenomenon. The impact from the transportation industry plays a significant role and its members should ensure that the environment will not be harmed, at least not any further, highlights Dr. Konstantinos Galanis, Chairman of the International Ship Recycling Association (ISRA).

What does “sustainable” mean and what is the role of regulation in helping this “sustainable” finance?

During the latest GREEN4SEA Virtual Forum, Dr. Konstantinos Galanis, Chairman of the International Ship Recycling Association, discussed about the European Union Taxonomy and its relationship to the ship recycling, highlighting the fact that the economic activity needs to meet and qualify as an environmentally sustainable solution.