Banks act to secure a future for shipping that’s bright — and green
The Poseidon Principles are a new framework to bring climate alignment into credit decisions. They prioritise liquidity for greener shipping transactions
The new rule blends ambitions outlined by the IMO with the Equator Principles, a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects. The IMO’s directive requires shippers to measure the CO₂ and cut emissions
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