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HomeSummary report on recommendations for the DG MOVE study to assess the situation in terms of demand and supply of finance for the maritime sector and develop a living inventory
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The main objective of this study was to improve the accessibility of the shipping sector to financing products and to understand the needs of the maritime sector in terms of financing products for its decarbonisation by developing an inventory of available financing products relevant to supporting investments in the shipping and broader maritime sector. Additionally to create a list of policy recommendations to improve the accessibility and availability of capital for maritime decarbonisation. The study also focuses on the specific case of Small and Medium Enterprises (SMEs) stakeholders in the shipping industry and on shipbuilding activities, as well as on those activities related to the development and deployment of relevant recharging infrastructure (offshore and onshore). The specific objectives of the project were: 1. Improve the visibility and communicate the availability of green financing options and opportunities to shipping sector stakeholders. 2. Reduce the administrative burden related to securing green financing for shipping projects, advising on the revision of application procedures where relevant, and/or providing access to administrative support resources to applicants. 3. Identify gaps in the availability and relevance of existing options to finance investments in technological improvements related to the decarbonisation of the shipping sector. 4. Define concrete options for shipbuilding and maritime equipment industry stakeholders to access EU financing instruments, to support the development and deployment of green technologies.
- Published:
- Corporate author(s): Directorate-General for Mobility and Transport (European Commission) , Ricardo
- Themes: Inland-waterway and sea transport
- Subject: EU financing , evaluation of resources , investment , maritime economy , maritime transport , recommendation (EU) , reduction of gas emissions , shipbuilding , small and medium-sized enterprises , sustainable finance
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| ISSN | ISBN 978-92-68-22710-7 | DOI 10.2832/0277031 | Catalogue number MI-01-24-014-EN-N |
- Released on EU publications website:
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