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At the end of 2025, the total allocated green proceeds to assets and projects in Singapore, Rotterdam and Martinez, California, increased to 3.34-billion euros.

Over 85 companies including shipowners, ports, fuel producers and technology providers have signed a statement calling on IMO member states to adopt the framework.

The committee favorably reported a five-year farm bill after a marathon two-day markup by a bipartisan vote of 34 to 17.

The first phase of the project will involve a total global investment of more than 1-billion euros and includes minority participation from Masdar and Enalter.

The initial six-month trial will evaluate Be8 BeVant®, a double-distilled, additized biodiesel that can be used as B100 in any diesel vehicle.

The council has budgeted £150,000 for the increased cost of the hydrotreated biofuel, which will be phased in starting in April.

The company expands its global footprint through feedstock MOUs intended to support the development of up to 1 million tpy of SAF production by 2035.

The project, which is receiving backing from the state government, will produce 37 million gallons of SAF per year from methanol made from forestry residues.

The four pillars for de-risking projects under Finvest@ETAF include blended finance, equity investments, guarantees and insurance, and technical-advisory services.

The Hong Kong-based SAF producer argues that potential tariffs on imported SAF could undermine EU climate objectives and tighten supply.

While the biofuels clause was not adopted, it is being revised for an expected adoption in the near future.

GoGreen Plus base, among the first solutions of its type, delivers a default 10 percent emissions reduction at a fixed flat rate.