ING to end oil and gas financing by 2040

ING has unveiled plans to phase out upstream oil and gas financing by 2040 and triple renewable energy funding by 2025

‘UK seeks financial backing from banks for North Sea oil projects’

Major financial institutions, including Barclays, Lloyds, NatWest have reportedly been invited by the Treasury for discussions aimed at revitalising investments in North Sea oil and gas ventures

Which businesses are the worst hit by soaring energy prices?

Aviation and shipping sectors will be the first to experience the effects of the energy crisis, new analysis shows

Does the UK have the highest number of bankrupted utilities in Europe?

More than 2,500,000 customers were affected by the collapses in the energy market last year, according to a new study

Cleantech Solar and ING ink ‘Asia Pacific’s largest green loan’

The firm will use the $75 million funding to build more than 500MW of commercial and industrial rooftop solar power projects

Dutch ship management firm sets sail with €110m green loan

The project is expected to significantly reduce emissions of sulphur oxide and particulate matter pollutants

EU and Dutch banks invest €300m on green shipping

Green investments for the European shipping market is to receive a €300 million (£265.7m) boost. Dutch bank ING and the European Investment Bank (EIB) are each providing €150 million (£132m) for projects with a “green innovation element” covering the construction of new vessels or retrofitting of existing ones. It applies to both inland shipping and […]

Dutch floating solar farm gets go-ahead

A floating solar farm project has been given the green light in the Netherlands. The Lingewaard solar farm will consist of 6,150 panels, expected to generate enough electricity to power 600 households. It will be installed on the irrigation water reservoir near Bemmel, which is used to supply water to the gardeners in the area. […]

Dutch bank pledges €100m for sustainable businesses

Dutch bank ING has pledged to invest €100 million (£87m) in sustainable businesses over three to four years. It will provide the funding through its new arm ‘Sustainable Investments’ to firms that have a “proven concept and a positive environmental impact”. It plans to target opportunities in all sectors and focus on innovative business models […]

ING joins global ‘circular economy’ initiative

Dutch bank ING has announced it is joining an initiative to boost the circular economy. It will be part of the Circular Economy 100 (CE100) which aims to accelerate and build a framework for an economy that’s restorative and regenerative by design. The bank believes the circular economy is the “ultimate answer” in solving the problem […]