ING tightens restrictions on oil and gas financing

ING Groep NV is tightening its restrictions on oil and gas financing, aligning with 'net zero' climate goals. ING will no longer finance oil and gas exploration and production companies developing new deposits, except for ecological projects. The bank's decision, criticized last year, aims to stop funding oil and gas activities by 2040.

Source:

https://www.energynomics.ro/en/ing-tightens-restrictions-on-oil-and-gas-financing/

Want to read more?

Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.

Subscribe Now