Follow the Money EU on Mythryl: “Dutch bank ING promised to stop financing oil and gas companies…”

Dutch bank ING promised to stop financing oil and gas companies focused solely on new fields. But the money is still flowing. Last year, research by SOMO and Watchtower found ING provided $908m to three companies searching for new oil in the North Sea, through loans and bonds.

ftm.euING helped fossil fuel firms raise over $900 million despite climate pledgeDutch bank ING vowed in 2024 to stop financing oil and gas companies that develop new fields. But the lender seems to have broken its own promise by providing $908 million in financing to three firms ...

22/8/26, 7:08 am9 reposts16 likes

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