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.