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Glossary

EU ETS

The European Union Emissions Trading System. Since 2024 it covers shipping: companies surrender allowances each year for emissions on voyages to, from and between EU ports, phased in from 40% to 100% by the 2026 emissions year.

Where it shows up in your work

In Naavra, the CII and EU ETS calculators free tool covers it.

See it in Naavra

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