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The Independent UK
The Independent UK
National
Via AP news wire

Dutch bank ING says it is accelerating its shift away from funding fossil fuels after COP28 deal

ING COP28 Oil Renewable Energy
Copyright 2023 The Associated Press. All rights reserved.

Dutch bank ING announced Wednesday that it is accelerating its phasing out of funding for oil and gas exploration and production activities while it increases financing for renewable energy.

ING has faced fierce criticism from Dutch climate activists for its funding of fossil fuel companies.

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