Green Shipping Pathways Towards a Clean Energy Transition in the Mediterranean
Key Information
Total project cost: € 926,085.00
Total project funding: € 740,868.00
Duration: 01/10/2023 – 30/09/2025
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Project challenge & objective:
GreenMED is a regionally-oriented project aiming to effectively support green shipping efforts in the Mediterranean Sea basin, by promoting plausible scenario-based decarbonisation pathways. Τhe GreenMED project will elaborate on existing studies of maritime alternative fuels and green shipping technologies to attain the energy consumption of maritime transportation chain in the Mediterranean, a process which will be combined with the full mapping of the fuel supply chain. The outcomes of GreenMED will map the decarbonisation pathways and options. These will be available to stakeholders as recommendations for policy making and informed investment decision, while simultaneously facilitating a clean energy transition in the Mediterranean region, towards achieving the targets of climate neutrality.
GreenMED aims to effectively support green shipping efforts in the Mediterranean Sea basin by promoting plausible decarbonisation pathways. The ambition is to contribute to the achievement of the targets established by the EU:
- To reduce net greenhouse gas emissions by at least 55% by 2030
- To reduce the greenhouse gas intensity of the energy used on-board of ships by up to 80% by 2050.
The realisation of these goals relies on the comprehension, advancement and integration of innovative technologies, specifically selected based on future potentials and various economic, social and environmental criteria. Thus, the regional ship energy demands, the fuel supply chains in both shores of the Mediterranean Sea, and the variety of emerging green shipping technologies will be considered.
The assessment of promising decarbonisation technologies and pathways will lead to the establishment of a decarbonisation hub; the Mediterranean Sustainable Shipping Observatory (MSSO). The MSSO will enable the development of a stakeholders’ network and the building of knowledge capacity.
The outcomes of GreenMED will be made available, through the MSSO, to stakeholders and policymakers in the form of as recommendations for policy making and informed investment decision.
Within two years, GreenMED intends to facilitate a clean energy transition in the Mediterranean region.
Consortium:
Consortium Leader:
This project is co-funded by the European Maritime Fisheries and Aquaculture Fund of the European Union under grant agreement No: 101124925
