The European Commission’s Sustainable Transport Investment Plan (STIP) has pledged over €2.9bn ($3.3bn) to decarbonise aviation and shipping with hydrogen-based and other low-carbon fuels.

Part of the EU’s Clean Industrial Deal (CID), the plan is designed to unlock private investment and help both sectors switch from fossil fuels to hydrogen, ammonia, and e-fuels to meet 2035 ReFuelEU Aviation and FuelEU Maritime targets.

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