European Parliament and of the Council approved Regulation (EU) No 525/2013 approved dealing mechanism for monitoring and reporting greenhouse gas emissions and for reporting other information at national and Union level relevant to climate change.

The objective of this Resolution is to establish a European system for monitoring, reporting and verifying CO₂ emissions from ships.

The Resolution applies to ships of 5000 gross tonnage and above, in terms of CO₂ emissions from ships on course from the last port of departure to the port of arrival at a port under the jurisdiction of an EU Member State and voyages from the port of call under the jurisdiction of an EU Member State to the next port of call, as well as well as within ports of call under the jurisdiction of a Member State.

This resolution is not applicable to navy ships naval auxiliaries, fish-catching or fish-processing ships, wooden ships of a primitive build, ships not propelled by mechanical means, or government ships used for non-commercial purposes.

As per the provisions of the Resolution:

1. By 31 August 2017 shipowners, other organisations or persons which has assumed the responsibility for the operation of the ship from the shipowner, shall submit to the verifiers a CO₂ emission Monitoring Plan for their every ship, indicating which of the four monitoring methodologies:a)   bunker fuel delivery notes,
   b)   bunker fuel tank monitoring on board,
   c)    flow meters for applicable combustion processes, or
   d)   direct CO₂ emissions measurement,
   are selected for monitoring and reporting CO₂ emission and providing other essential information relating to reduction of ship emissions.
2. From January 1, 2018 shipowners, or other organisations responsible for ship operation, shall monitor CO₂ emission from every ship, in every journey and in annual intervals using the Monitoring Plan applying the relevant methodology for specifying CO₂ emission and calculating the emission level.
3. From 2019 shipowners, or other organisations responsible for ship operation, shall submit a CO₂ emissions report and other essential information, for the entire reporting period for every ship for which they are responsible, verified to the satisfaction of the verifies, to the European Commission and relevant national Flag States by 30 April each year