La loi industrie verte manque sa cible sur le financement

Reclaim Finance criticizes the French government's "Industrie verte" bill, specifically its financing measures, for lacking strict criteria to prevent public and private savings from funding fossil fuel projects. The organization argues that new initiatives like the "Avenir climat" savings plan for minors and changes to life insurance regulations do not guarantee alignment with the 1.5°C warming limit and may exacerbate inequalities. Reclaim Finance proposes mandatory transparency indicators for controversial activities, minimum investment criteria for public-supported products, and preferential loan rates for ecological transition projects.

• The "Industrie verte" bill includes four financing articles intended to mobilize private savings, including a new "Avenir climat" savings plan for minors managed by a public entity with state top-ups and tax advantages.
• The proposed "Avenir climat" plan lacks guarantees regarding fund allocation and does not exclude companies developing new oil and gas production and transport projects, potentially supporting activities that contradict the 1.5°C global warming limit.
• The bill is criticized for rolling back a PACTE law requirement for life insurance distributors to offer at least one green-labeled unit of account, thereby reducing the existing mechanisms for directing funds toward the transition.
• Reclaim Finance proposes several alternatives to better mobilize savings, including a mandatory tricolor indicator for financial products to show exposure to controversial activities (fossil fuels, deforestation, tobacco, armaments) and the establishment of minimum investment criteria for products receiving public support.

APA

Martin, L. (2023). La loi industrie verte manque sa cible sur le financement. Reclaim Finance. https://reclaimfinance.org/site/2023/05/10/la-loi-industrie-verte-manque-sa-cible-sur-le-financement/

Chicago

Martin, Léo. La loi industrie verte manque sa cible sur le financement. Reclaim Finance, 2023. https://reclaimfinance.org/site/2023/05/10/la-loi-industrie-verte-manque-sa-cible-sur-le-financement/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=La loi industrie verte manque sa cible sur le financement |publisher=Reclaim Finance |date=10 May 2023 |url=https://reclaimfinance.org/site/2023/05/10/la-loi-industrie-verte-manque-sa-cible-sur-le-financement/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2023loi, author = {Martin, Léo}, title = {{La loi industrie verte manque sa cible sur le financement}}, publisher = {Reclaim Finance}, year = {2023}, month = may, url = {https://reclaimfinance.org/site/2023/05/10/la-loi-industrie-verte-manque-sa-cible-sur-le-financement/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }