Cyprus Shipping Chamber delves into emissions trading system
The Cyprus Shipping Chamber held a meeting to discuss the EU Emissions Trading System (EU ETS) that became effective on January 1, 2024. The meeting aimed at informing member companies about their obligations under this new system. The Ministry of Agriculture, Rural Development and Environment, which is the Managing Authority of the EU ETS in Cyprus, provided a presentation on compliance with Community Regulations. The event also included strategic group meetings between participants and service providers to discuss solutions to challenges posed by the EU ETS. The meeting saw participation from representatives of seven service providers and over a hundred executives from member companies.