Insurance industry joins global shipping decarbonization effort

Insurance industry - Shipping - Boats - marine

Leading marine insurers have joined a broader worldwide initiative to cut carbon emissions. Top marine insurance industry companies have now entered into the growing initiative to help push forward the shipping world’s decarbonization. The insurers plan to link their underwriting activities into global shipping’s carbon emissions cuts. The insurance industry hopes that by making this move it will help to encourage the sector to go entirely green. In early November at the COP26 climate summit, countries including the United States pushed for the International Maritime Organization (IMO), the shipping agency…

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