Regulation

Norway increases support for developing countries' green shipping transition

The country has signed an agreement with the IMO to contribute NOK 30m per year to the green transition of shipping in developing countries.
State Secretary Ragnhild Sjoner Syrstad from the Norwegian Ministry of Climate and Environment (center) with IMO Secretary-General Kitack Lim (second from left) and the rest of the delegation. | Photo: Norge
State Secretary Ragnhild Sjoner Syrstad from the Norwegian Ministry of Climate and Environment (center) with IMO Secretary-General Kitack Lim (second from left) and the rest of the delegation. | Photo: Norge
by DANIEL LOGAN BERG-MUNCH

Norway will send NOK 30m (USD 2.8m) to support shipping’s green transition in developing countries on an annual basis from 2024 to 2030.

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