Today, 60% of the finance being supplied to the shipping industry comes from banks that are signed up to the Poseidon Principles — a global framework for responsible ship finance.
In essence, the principles set a benchmark for assessing and disclosing the climate impact of the shipping portfolios managed by the major global trade finance banks.
The $1bn question
This article is part of a series written by people across shipping in response to this question about how to deploy a hypothetical TradeWinds Sustainable Shipping Fund:
How, where and why would you invest $1bn for the best return in sustainable shipping, as the industry grapples with the need to cut carbon emissions, improve efficiency and keep cargoes moving in a world facing...
