
The European Commission announced a €2.9 billion plan to scale up investments in green fuels by 2027 to curb carbon dioxide emissions from aviation and maritime transport, which together account for roughly 26.4% of EU transport-sector emissions.
With the EU's binding climate goal of achieving climate-neutrality by 2050, compared to 1990 levels, slashing emissions in aviation and maritime transport is both essential and challenging for the EU27.