Regulation

Here is an overview of shipping's new green billion dollar fund

A new green billion dollar fund will pave the way for reduced CO2 emissions. A board consisting of non-state professionals will be established to manage the money. ShippingWatch offers an overview of the new body that will distribute the money.
Photo: Jorge Silva/Reuters/Ritzau Scanpix
Photo: Jorge Silva/Reuters/Ritzau Scanpix
by TRINE VESTERGAARD

A new fund with USD 5 billion will be built up over the next decade, after which the money will be used for developing green solutions for the maritime sector.

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