Sustainability and ESG News
ING’s Climate Targets Gain Validation from SBTi
ING’s climate targets have been validated by the Science Based Targets initiative (SBTi), confirming they align with global efforts to limit warming to 1.5°C. The bank’s climate strategy focuses on reducing carbon emissions across its portfolio and financing the transition to a low-carbon economy.
Ambitious Climate Funds are Showing a Promising Future; but, Where Do the Funds Go?
UAE recently announced an unprecedented climate fund as COP 28 is beginning. This article investigates UAE’s, as well as, the allocation of World Bank’s and the European Union’s climate funds.