Accord de Paris et sortie du charbon des financiers français : de la parole aux actes

The statement argues that French financial actors are failing to translate their Paris Agreement commitments into concrete action. It highlights that since COP21, financial actors have provided $1,600 billion in funding to fossil fuel companies, with French banks and investors contributing $126 billion in financing and $22 billion in investments. The text specifically calls out the Banque de France for not having adopted a coal exit policy or restrictions on other fossil fuels, despite the governor's public calls for climate action. It also notes that ten other French actors, including Covéa and SCOR, have insufficient policies, and contrasts the French government's plan to fund fossil fuel projects until 2035 with the UK's goal to end such funding by COP26 in November 2021.

• Since COP21, global financial actors have provided $1,600 billion in financing to companies with fossil fuel projects and held $1,100 billion in investments as of August 2020. French banks and investors specifically provided $126 billion in financing and $22 billion in investments.
• The Banque de France has not adopted a coal exit policy or restrictions on support for other fossil fuels, which contradicts the public statements of its governor regarding climate action.
• Ten French financial actors are identified as having insufficient or incomplete policies regarding the exit from coal, including Covéa, ODDO BHF AM, SMA, Tobam, Tikehau Capital, and SCOR.
• There is a discrepancy between the French and British governments regarding fossil fuel financing; France intends to continue financing such projects until 2035, while the UK plans to end this by COP26 in November 2021.

APA

admin (2020). Accord de Paris et sortie du charbon des financiers français : de la parole aux actes. Reclaim Finance. https://reclaimfinance.org/site/2020/12/15/accord-de-paris-et-sortie-du-charbon-des-financiers-francais%e2%80%af-de-la-parole-aux-actes%e2%80%af/

Chicago

admin. Accord de Paris et sortie du charbon des financiers français : de la parole aux actes. Reclaim Finance, 2020. https://reclaimfinance.org/site/2020/12/15/accord-de-paris-et-sortie-du-charbon-des-financiers-francais%e2%80%af-de-la-parole-aux-actes%e2%80%af/.

Wikipedia

{{cite press release |last1=admin |title=Accord de Paris et sortie du charbon des financiers français : de la parole aux actes |publisher=Reclaim Finance |date=15 December 2020 |url=https://reclaimfinance.org/site/2020/12/15/accord-de-paris-et-sortie-du-charbon-des-financiers-francais%e2%80%af-de-la-parole-aux-actes%e2%80%af/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2020accord, author = {admin}, title = {{Accord de Paris et sortie du charbon des financiers français : de la parole aux actes}}, publisher = {Reclaim Finance}, year = {2020}, month = dec, url = {https://reclaimfinance.org/site/2020/12/15/accord-de-paris-et-sortie-du-charbon-des-financiers-francais%e2%80%af-de-la-parole-aux-actes%e2%80%af/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }