European agreement on CO2 emissions shipping reached

That agreement in “trilogue” between the European Commission, the European Parliament and the European Council is the work of the Italian President of the Council. There will be an MRV (monitoring, reporting and verification) system in the EU for all ships over 5,000 GRT, irrespective of the country in which they are registered. This is a first step in European policy to reduce CO2 emissions from shipping.