France Pledges EUR 300 Million Funding For Maritime Decarbonisation

by Ship & Bunker News Team
Wednesday November 9, 2022

France's government plans to invest 300 million euros in maritime decarbonisation projects over the next five years.

The country's France-Mer 2030 plan will aim to develop zero-emission ships, news agency AFP reported on Tuesday. Together with investment from companies, the government hopes the funding total will reach one billion euros.

The project will start with a ten-month consultation with industry players led by a government unit.

A secondary aim of the project will be an increase in shipbuilding in France, according to the report. Just 12% of all the ships used in France are currently built in the country, according to shipping minister Herve Berville.

Ship & Bunker News Team
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