Our EU shipping policy expert Panos Spiliotis explores the EU's "Fit for 55" policy package and what this means for decarbonising shipping.

Today, the European Commission released the “Fit for 55” package, a suite of measures that will underpin the European Union’s efforts to reach its pledge of reducing greenhouse gas emissions 55% from 1990 levels by 2030. Part of the larger EU Green Deal, the “Fit for 55” package includes policy proposals that would define the pathway for the EU to fulfil its nationally determined contribution under the Paris Agreement. The proposals are the first step in the EU legislative process, with the EU climate laws expected to be finalised in the next two years.