Shipping lender Nordea believes a two-tier market for loan pricing is inevitable as green financing becomes ever more important.
The Oslo-listed bank cannot predict when or if owners who are not prepared to sign up for sustainability-linked funding will be unable to access funds.
But Nordea's co-shipping heads — Thor-Erik Bech and Geir Atle Lerkerod — stressed that effective decarbonisation performance will confer an advantage on those companies that do go for green financing.
