News
24 February 2021

Santander vows to cease financing for thermal coal mining

In:
Metals and Mining, Power
Region:
Europe

Spanish lender Santander has vowed to achieve net zero carbon emissions across the group by 2050.By 2030, Santander says it will have stopped providing financial services to power generation clients with more than 10% of revenues dependent on thermal coal. The bank will eliminate all exposure to...

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
27 March 2026

Has the ECA untied lending bubble burst?

Untied export finance volumes dropped significantly in 2025 compared to recent years despite a vintage year for ECA business. Is the fall in activity anomalous, cyclical, or...

Interview
02 April 2026

KEXIM adapts to support the project cycle

TXF spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP markets...