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Government Commits €400 Million to Climate-Neutral Shipping and Ports

Officials say allocation criteria will be finalized by year-end, with operators pressing for swift funding to eliminate a roughly €18 billion infrastructure shortfall.

Overview

  • The federal government will channel €400 million from the Climate and Transformation Fund over the next four years to modernize ports and shipping for climate neutrality.
  • Funding will support onshore power supply systems, bunkering facilities for alternative fuels, low-emission shipping corridors and shifting urban freight to waterways.
  • Revenues generated by including maritime transport in the EU Emissions Trading System will be reinvested through the transformation fund to underwrite these upgrades.
  • Detailed criteria and application guidelines are under development and are expected to be published later this year.
  • Industry associations have welcomed the commitment but urged rapid, project-based disbursements to help address an estimated €18 billion shortfall in port infrastructure investment.