Brussels – The European Investment Bank (EIB) has signed an agreement with Société Générale in France benefitting from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. The project combines the Connecting Europe Facility (CEF) Debt Instrument and EFSI resources to provide 150 million euros for the construction of sustainable, environmentally-friendly ships. Commissioner for Transport Violeta Bulc said: “The Green Shipping Guarantee Programme will boost green investments in the maritime sector. It will also improve the environmental performance of the Motorways of the Sea, one of the priorities of our transport policy. Maritime transport has to take its part in the ongoing efforts to address climate change. Ten days ago, good progress was made at the international level to tackle emissions in this sector. In the near future, ships will have to emit less sulphur. Also, efforts to curb CO2 from shipping are being stepped up. This requires investments already now and the agreement signed today is timely”.
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