News
27 November 2019

UniCredit to exit thermal coal financing by 2023

In:
Oil & gas, Power, Renewables
Region:
Europe

UniCredit is to stop all lending for thermal coal projects by 2023 in a bid to improve its green credentials. A week previous to this announcement, the bank also said it would raise its exposure to the renewable energy sector by a quarter more, to just over €9 billion ($9.9 billion) by 2023....

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