In the Netherlands, on September 15, the Port of Amsterdam launched a €5 million annual Transition Fund running through 2028 to help its highest-emitting tenants and terminals that handle fossil fuels reduce CO₂ or shift operations toward cleaner activities.
The fund targets companies emitting at least 2.5 kilotons of CO₂ per year or operating more than 10 hectares used for fossil fuel transshipment. Loans of up to €1.5 million and grants up to €300,000 are available per project, provided they cut emissions by at least 6 percent or shift 300,000 tons to non-fossil throughput.
Port officials say the program is designed for companies with long-term leases and heavy infrastructure exposure, offering targeted support to help them meet rising sustainability standards while beginning to move away from fossil-based operations.
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Tags: Port of Amsterdam
Category: Sustainable Marine Fuels