Innovation Norway offers green shipping funding

Managing air quality is a top priority for the Port of Oslo

Source: Port of Oslo

Norway’s state innovation agency, Innovation Norway, launched risk-based loans for environmental investments in the country’s short-sea shipping sector.

The scheme, which has total funding of NOK470 million (US$44.1m) for 2023 for risk-based loans for green investments in short-sea shipping, was launched on 31 August. The scheme envisages a maximum loan of NOK10m for each individual customer. 

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