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
13 March 2026

TXF Export Finance Perfect 10: Bigger, bolder and greener

What TXF's 2025's award-winning export financings say about the state of the market in 2025. It was a year when all of the promise of the ECA-backed market - in size, ambition...

Video
16 March 2026

EIFO’s CEO travels from professional pessimist to reluctant...

Is the Danish export credit agency punching under its weight? EIFO CEO Peder Lundquist discusses how the ECA is evolving its unique model post-merger, upping its emphasis on...