The Finnish Climate Fund has decided on a capital loan of at most 10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. Norsepower s products save significant amounts of fuel and can enable emissions reductions measured in the millions of carbon dioxide tonnes during the next decade.
Shipping emissions are a major climate challenge. Approximately 2.5% of global annual greenhouse gas emissions are generated by shipping, and shipping accounts for 13.5% of the EU s total GHG emissions.
Helsinki-based startup Aeromon receives 4.8 million euro support for its emission monitoring system which enables automatic reporting of emissions with a 360