Banques françaises et charbon : l’art de noyer le poisson
Summary
Reclaim Finance identifies persistent financing of coal developers and companies without science-aligned exit dates by major French banks between 2021 and 2023, arguing that policy loopholes enable practices that may constitute greenwashing.
Key insights
- Between 2021 and 2023, the four largest French banks—BNP Paribas, Crédit Agricole, Société Générale, and BPCE/Natixis—provided financial support to 9 coal developer groups, 11 groups lacking a sector exit date, and 12 groups with exit dates not aligned with climate science.
- The persistence of these transactions is attributed to four primary loopholes in bank policies. While these transactions may not technically violate the policies, they contradict the intended spirit and public communication of the banks, potentially qualifying as greenwashing under European financial regulator standards.
- Reclaim Finance urges French regulators to force banks to align with the spirit of their policies and to use sanctions for misleading market information or poor management of climate financial risks.
Cite the original document
- APA
- Martin, L. (2024). Banques françaises et charbon : l’art de noyer le poisson. Reclaim Finance. https://reclaimfinance.org/site/2024/10/15/banques-francaises-et-charbon-lart-de-noyer-le-poisson/
- Chicago
- Martin, Léo. Banques françaises et charbon : l’art de noyer le poisson. Reclaim Finance, 2024. https://reclaimfinance.org/site/2024/10/15/banques-francaises-et-charbon-lart-de-noyer-le-poisson/.
- Wikipedia
- {{cite report |last1=Martin |first1=Léo |title=Banques françaises et charbon : l’art de noyer le poisson |publisher=Reclaim Finance |date=14 October 2024 |url=https://reclaimfinance.org/site/2024/10/15/banques-francaises-et-charbon-lart-de-noyer-le-poisson/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{martin2024banques, author = {Martin, Léo}, title = {{Banques françaises et charbon : l’art de noyer le poisson}}, institution = {Reclaim Finance}, year = {2024}, month = oct, url = {https://reclaimfinance.org/site/2024/10/15/banques-francaises-et-charbon-lart-de-noyer-le-poisson/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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