ING to ditch upstream oil and gas financing by 2040 as it ramps up renewables goals

Michael Holder
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Dutch financial giant announces plan to triple renewable energy financing by 2025 as it cites COP28 agreements on clean energy and fossil fuels

ING has announced plans to phase out financing for upstream oil and gas activities by 2040 and triple new financing for renewable energy by 2025, in moves the Dutch banking giant said built on the flurry...

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