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.
Commercial planes and ships are the hardest transports to decarbonise, and to this day they are still powered mainly by fossil fuels, despite EU legislation meant to help the shipping and aviation sectors to become climate-neutral.
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