Botolumus Ibexus

A recent study by Transport & Environment (T&E) has raised significant concerns about the International Maritime Organization’s (IMO) proposed green fuels law. The study suggests that the law, intended to reduce greenhouse gas (GHG) emissions from shipping, could inadvertently exacerbate the sector’s climate impact. The policy’s focus on biofuels may lead to increased deforestation and strain global food supplies, thereby undermining its environmental goals.

The European Investment Bank (EIB) and Adif have formalised a €350 million loan agreement aimed at enhancing Spain’s conventional and high-speed railway infrastructure. This investment is set to bolster the safety, sustainability, and resilience of the country’s railway networks, aligning with the EIB Group’s strategic priorities as the EU Climate Bank.

In a significant development for the cruise industry, MSC Cruises has agreed to withdraw its advertisements promoting fossil liquified natural gas (LNG) as a ‘green’ fuel following a nine-month investigation by the UK’s Advertising Standards Authority (ASA). The resolution comes after a complaint filed by environmental NGO Opportunity Green in March 2024, highlighting the legal risks associated with marketing fossil LNG as environmentally friendly.