KEY CHALLENGES FOR EU ETS COMPLIANCE
🔢 ACCURATELY CALCULATING EMISSIONS COSTS
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Calculating costs under the EU ETS goes far beyond measuring CO₂ by the ton. Factors such as route deviations, fuel type differences, engine efficiency, EUA prices, and exchange rates all need to be taken into account. This complex structure requires integrated digital solutions rather than basic estimation tools.
🔗 ENSURING CARBON VISIBILITY ACROSS STAKEHOLDERS
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Maritime operations involve multiple stakeholders, making it essential to share carbon emissions data in a transparent, reliable, and real-time manner. However, varying data standards, shifting operational realities, and limited digital infrastructure make consistent visibility a major challenge.
📉 MANAGING CARBON RISK
Icon suggestion: Balance scale, risk graph, or carbon finance symbol
Carbon has become not only an environmental factor but also a financial risk element. The volatility of EUA prices, the need to manage carbon contracts, and the dynamics of the spot market all require a new approach to risk management. This shift also calls for enhanced financial literacy in the maritime industry.
📄 MEETING REPORTING AND DOCUMENTATION REQUIREMENTS
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In EU ETS compliance, accuracy in reporting is just as important as emissions reduction. MRV reporting, verification documentation, accounting for carbon in financial statements, and aligning with multiple global regulations all contribute to a growing documentation burden for shipping companies.