ING Wholesale Banking flags climate adaptation as rising business resilience priority

Reuters2026/09/11 08:37

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ING Wholesale Banking flagged climate adaptation as a rising business resilience priority, shifting ESG focus beyond energy transition financing.
More frequent heat, drought, flooding, and water scarcity in Europe are disrupting power generation, industrial output, transport, logistics, and agriculture.
European Commission study cited an EU need for EUR 70 billion a year in climate adaptation investment through 2050.
Peter Kindt said sustainable finance growth will continue, driven by transition funding, infrastructure upgrades, innovation support, and climate resilience investment.
Heatwaves lifted European power prices as low water cut Nordic hydropower, while high river temperatures constrained nuclear output in France and Belgium.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ING Wholesale Banking published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

ING Wholesale Banking flags climate adaptation as rising business resilience priority

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