Sustainable Ship Loans Set Sail

Shravan Bhat & James Mitchell, RMI Shipping & Ports

Sustainable Ship Loans Set Sail
Chris Pagan on Unsplash

The Poseidon Principles, the world’s first climate alignment agreement launched in June 2019, are a framework for responsible maritime shipping finance. They establish a robust framework for quantitatively assessing whether financial institutions’ ship finance portfolios are in line with the climate targets agreed by the International Maritime Organization (IMO), the United Nation’s body that oversees international shipping.

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