Three ideas to fix the trillion-dollar green finance problem
- EDF and the Lloyd’s Register Maritime Decarbonisation Hub said shipping would need innovative ways to pay for green investments, even with IMO regulation in place
- Possible fixes include accounting to help customers buy into carbon reductions, a loan platform for helping smaller shipowners, and pooling smaller buyers’ demand
- Each idea has its drawbacks and parties must work together to make progress happen
A new report outlines the pros and cons of new schemes for funding green shipping projects. They will be difficult to pull off
