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Poseidon Principles to ditch IMO goals for zero-carbon target

Pace of pressure for rapid action on climate change said to have grown sharply, especially since the past year’s COP26 conference in Glasgow

‘The goal will be to be as transparent as we can, without breaching confidentiality, and in the next couple of years, coming to grips with the IMO’s own regulatory changes, and to what extent we should or should not incorporate that in some way,’ says Citibank’s Michael Parker

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