Italy's UniCredit to exit thermal coal financing by 2023
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MILAN (Reuters) - Italian bank UniCredit has pledged to halt all lending for thermal coal projects by 2023, joining a growing band of financial companies striving to improve their green credentials.Banks across the world have come under pressure from investors, regulators and climate activists to ease the transition towards a low-carbon economy.Financing for oil, gas and coal projects has come under particular scrutiny as climate scientists step up calls to change the global economy's deep..