ADVERTISEMENT

Banks must stress-test shipping assets to avoid climate policy headwinds

Madeleine Cuff
Madeleine Cuff
clock 27 February 2017 •
Banks must stress-test shipping assets to avoid climate policy headwinds

New research warns low-carbon transition poses risk to banks holding $400bn of shipping debt

Banks holding up to $400bn in shipping debt could be exposed to climate-related risks as the world transitions to a low-carbon transport system, according to new research released today by the green think...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

Most read
01

Nuclear: UK pushes forward with small advanced modular reactor program

29 July 2021 • 4 min read
02

'Rigour and transparency': UK leads fresh drive to boost credibility of voluntary carbon markets

29 July 2021 • 4 min read
03

Revealed: UK supermarkets linked to beef suppliers driving illegal Amazon deforestation

31 July 2021 • 9 min read
04

The data is in: Renewables confirmed Britain's top power source in 2020 as fossil fuels continue slide

30 July 2021 • 4 min read
05

'Unique achievement': Shift from coal to biomass has cut CO2 90 per cent, Drax claims

29 July 2021 • 3 min read

More on Shipping

'Shady ships': Why 'net zero' retailers should lead the push for greener shipping practices
Shipping

'Shady ships': Why 'net zero' retailers should lead the push for greener shipping practices

Analysis of the shipping impact of major US retailers finds 15 companies are responsible for as much sulphur oxide, nitrous oxide, and particulate matter pollution as tens of millions of vehicles

Cecilia Keating
Cecilia Keating
clock 21 July 2021 • 10 min read
Net zero road, rail, shipping and flight is targeted within 30 years | Credit: iStock
Transport

Transport Decarbonisation Plan: A guide to the government's routemap for net zero transport

The government has provided its more comprehensive plan yet for fully decarbonising transport by 2050 - here is an all you need to know guide for green businesses

Michael Holder
Michael Holder
clock 15 July 2021 • 13 min read
The Transport Decarbonisation Plan targets net zero aviation, rail, cars and trucks by 2050
Policy

Government targets net zero planes, roads and railways in 'landmark' green transport strategy

Long-awaited Transport Decarbonisation Plan aims to make public transport, walking and cycling 'natural first choice' for UK journeys

Michael Holder
Michael Holder
clock 14 July 2021 • 8 min read