Asia Pacific > Banks’ finance of LNG carrier newbuilds undercuts their own climate goals -report

Banks’ finance of LNG carrier newbuilds undercuts their own climate goals -report

Published 10:18 on May 14, 2025 / Last updated at 10:18 on May 14, 2025 / / Asia Pacific, South Korea

Financing new-build LNG carriers that will have a 30-year lifespan and increase the consumption of natural gas is incompatible with banks’ net zero goals, a South Korean group said Wednesday.
Financing new-build LNG carriers that will have a 30-year lifespan and increase the consumption of natural gas is incompatible with banks’ net zero goals, a South Korean group said Wednesday.


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