Ship finance lenders fall short of sector's carbon targets in 2019
Ship finance lenders fall short of sector's carbon targets in 2019 Reuters 16/12/2020 By Jonathan Saul LONDON (Reuters) - Many of the world's biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed on Wednesday. Global shipping accounts for nearly 3% of the world’s CO2 emissions and the industry is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea. Last year, a group of leading banks signed up to environmental commi...
Source: msn.com