fossil fuel

Maritime nations need finance to develop fossil fuel – IMO Sec. Gen

Maritime nations need finance to develop fossil fuel – IMO Sec. Gen

Mr Kitack Lim, the Secretary-General, International Maritime Organisation (IMO), says maritime nations need finance to invest in fossil fuels. Lim said this at the 2022 Nigerian International Maritime Summit held in Lagos on Monday. He noted that this would help reduce carbon footprint in the environment. Lim stressed the need for a market-based measure to […]