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Reinforcing the ETS SMAP to Guarantee Long-term Shipping Decarbonisation
The SMAP mechanism introduced under the ETS represents an opportunity to help the maritime sector to transition towards clean fuels and propulsion technologies, and strengthen Europe’s industrial leadership.
AI Summary
The European Union’s Emissions Trading System (ETS) includes a Shipping Market Adaptation Programme (SMAP) designed to help the maritime sector shift to cleaner fuels and propulsion technologies. SMAP is positioned to reinforce Europe’s industrial leadership in shipping. The programme is projected to provide about €15 billion in support from 2028 to 2040. This funding is intended to encourage shipping companies to adopt green e‑fuels and related technologies.
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