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....

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
10 October 2025

Green shoots for green hydrogen as EIFO backs UK production

The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to...

Perspective
17 October 2025

TXF Asia: Top takeaways

The top themes from Exile Asia: Agency, Energy and Infrastructure in Singapore’s Marina Bay Sands Expo and Convention Centre have been complied. From increased ECA flexibility...