Telles advises on the Zero Carbon Naval Route project

Telles has advised Ceval, a non-profit organisation specialising in sustainable development in northern Portugal, on implementing the Zero Carbon Naval Roadmap (RNCZ) project, which is funded by the Recovery and Resilience Plan (PRR).

The main objective of the Zero Carbon Naval Roadmap project is to contribute to the decarbonisation of the naval sector by encouraging companies and institutions to participate in the development of a roadmap for decarbonising naval industries.

The initiative aims to establish decarbonisation pathways for the maritime transport sector by 2050. This will be supported by sectoral diagnostics, renewable energy models, environmental, social and governance (ESG) benchmarking, emissions modelling and technical, legal and financial studies. Structured consultation with industry stakeholders is also involved in setting targets for 2025–2050, states Telles.

Telles has supported the public financing process and provides ongoing legal assistance. This includes advice on energy-related regulatory and contractual issues, as well as on strategic ESG and regulatory documents. Telles also assists with the drafting of all contractual frameworks necessary for the project’s implementation.

This advisory team was led by Ivone Rocha (pictured), partner and head of the environment & climate change and energy & natural resources practices, with the support of Pedro Lousa Cabral, associate in the same practices.