Decarbonizing Industries Please make a selection
Correct Answer
It is a framework for integrating climate considerations in lending activities for the shipping sector
The Poseidon Principles are a global framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios. They establish a common, global baseline to quantitatively assess and disclose whether financial institutions’ lending portfolios are in line with adopted climate goals for the shipping sector. Thus, they serve as an important tool to support responsible decision-making for financial institutions.
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