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European, Chinese and South Korean financiers have over half of their portfolio tied to oil and gas carriers that are most at risk of becoming stranded assets in the global rush to shift to a low-carbon energy system, a new report by UCL’s Energy Institute Shipping and Oceans Research Group suggests. As the global economy […]
Oceans Research Group South Korea Hong Kong France Energy Institute Shipping Poseidon Principles Nishatabbas Rehmatulla Principal Research Fellow Energy Institute China Merchants Group Korea Eximbank Standard Chartered United States United Kingdom Tristan Smith
UCL: Climate transition could hit South Korean, Chinese, and European shipping financiers hardest
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