ADVERTISEMENT

ING and European Investment Bank to invest €300m in green shipping projects

BusinessGreen staff
BusinessGreen staff
clock 20 February 2018 •
(L- R) ING's global head of transportation finance Stephen Fewster
Image:

(L- R) ING's global head of transportation finance Stephen Fewster

Two banks sign agreement to support projects in the European shipping sector, such as low carbon retrofitting of ships or developing new low emissions vessels

Climate action in the maritime sector has been given a €300m boost, with news Dutch bank ING and the European Investment Bank (EIB) have signed a deal that will see both contribute €150m towards supporting...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Companies don't have to reinvent the wheel to meet their climate and nature targets

Floating wind: Three Celtic Sea projects move forward in Crown Estate leasing process

Most read
01

Tesla to open up global charging point network to all EV brands

26 July 2021 • 3 min read
02

Pizza Hut and Beyond Meat deliver latest boost to plant-based food market

26 July 2021 • 2 min read
03

UK's leading house builders plot net zero road map for sector

27 July 2021 • 4 min read
04

Government eyes low carbon fuels mandate for UK aviation sector

26 July 2021 • 3 min read
05

'Major milestone': Orkney tidal turbine dubbed 'world's most powerful' connects to grid

28 July 2021 • 2 min read

More on Investment

A tree planting project in Senegal supported by offsetting specialist Ecosia | Copyright: Joshi Gottlieb
Offsets

'Rigour and transparency': UK leads fresh drive to boost credibility of voluntary carbon markets

Voluntary Carbon Markets Integrity Initiate launches alongside consultation into how carbon credits should be embedded into business strategies

Cecilia Keating
Cecilia Keating
clock 29 July 2021 • 4 min read
Plans are afoot to build a BECCS facility at the Drax power plant | Credit: Drax
Offsets

'Get ahead of the game now': Could the UK become a leader in carbon removals technology?

National Infrastructure Commission urges government to act quickly to drive development of first wave of BECCS and DACS plants, arguing carbon removals will be a cornerstone of the UK's future economy

Cecilia Keating
Cecilia Keating
clock 29 July 2021 • 7 min read
Credit: Onto
Investment

Electric car subscription start-up Onto secures $175m backing from investors

Second funding round for UK start-up Onto attracts host of new investors

Bea Tridimas
clock 28 July 2021 • 2 min read