DNB wants more banks to support new climate requirements

Major Norwegian bank DNB hopes far more banks will join a new set of principles requiring shipping companies to comply with climate targets in order to secure financing. DNB's head of shipping tells ShippingWatch why the new principles are based on IMO's regulations.

Photo: PR/DNB

More banks ought to back the set of new climate requirements recently imposed on shipping companies seeking access to financing in the future, says DNB.

DNB is one of the 11 banks to recently present the set of new climate requirements for lending to shipping companies named the "Poseidon Principles".

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