The Sustainable Transport Investment Plan (STIP) is a comprehensive strategy aimed at accelerating the transition of the aviation and waterborne transport sectors to renewable and low-emission fuels. A total of at least EUR 2.9 billion has been reserved for the implementation of STIP. The plan will help, among other things, reduce the price gap between fossil and alternative fuels and ease administrative burdens for airlines and shipping operators.

STIP financing instruments:
→ EUR 2 billion from InvestEU for sustainable alternative fuels (goal: rapidly remove investment barriers)
→ EUR 293 million for maritime fuels (SMF) from the Innovation Fund
→ EUR 153 million for projects related to synthetic aviation fuel (eSAF)
→ EUR 300 million for hydrogen investments for SAF and SMF

In addition, by the end of 2025, a pilot project of the eSAF Early Movers Coalition worth EUR 500 million will be launched!

STIP also aims to:
→ Strengthen international partnerships in the production of sustainable fuels
→ Protect EU investments
→ Ensure fair competition for fuel producers and users

“STIP is a groundbreaking initiative that, for the first time, treats the energy transition in aviation and maritime transport as a shared strategic challenge. Mobilising nearly EUR 3 billion by 2027 offers a real opportunity for Polish shipowners and airports. The key to success will be effective coordination between sectors and swift access to financing instruments, especially InvestEU and the European Hydrogen Bank,” comments Aleksander Rajch, Board Member of PSNM.

According to European Commission estimates, the transformation of aviation and shipping will require 20 million tonnes of sustainable alternative fuels and EUR 100 billion for scaling up their production by 2035.