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ESG and sustainability
Law for a sustainable future
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Shipping plays a critical role in facilitating efficient global trade and underpins the international economy: it is estimated that over 80% of world trade is carried by sea.
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On March 9, 2023, the European Commission (EC) adopted changes to its State aid framework to support its “Green Deal Industrial Plan for the Net-Zero Age” (the Net Zero Plan) presented in February 2023. The Net Zero Plan is part of the European Green Deal, which aims to make Europe the world’s first climate-neutral continent by 2050.
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