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The document claims that momentum has stalled regarding coal exit policies in the Paris financial center since 2019, despite previous threats of legislation by the French Minister of the Economy.

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  • Financial actors in Paris committed in July 2019 to adopt policies to exit the coal sector, with the French Minister of the Economy, Bruno Le Maire, threatening legislation to ensure compliance.
  • Four years after the initial commitments, the adoption of robust policies has stagnated and the French government has remained indifferent to regulators' concerns regarding coal and fossil fuels.
  • The author asserts that regulators must ensure the integrity of existing commitments and prevent greenwashing, as they cannot replace the role of politicians in forcing the adoption of climate policies.

Cite the original document

APA
Martin, L. (2023). 4 years on, Paris still has to deal with coal. Reclaim Finance. https://reclaimfinance.org/site/en/2023/07/12/4-years-on-paris-still-has-to-deal-with-coal/
Chicago
Martin, Léo. 4 years on, Paris still has to deal with coal. Reclaim Finance, 2023. https://reclaimfinance.org/site/en/2023/07/12/4-years-on-paris-still-has-to-deal-with-coal/.
Wikipedia
{{cite press release |last1=Martin |first1=Léo |title=4 years on, Paris still has to deal with coal |publisher=Reclaim Finance |date=12 July 2023 |url=https://reclaimfinance.org/site/en/2023/07/12/4-years-on-paris-still-has-to-deal-with-coal/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{martin2023years, author = {Martin, Léo}, title = {{4 years on, Paris still has to deal with coal}}, publisher = {Reclaim Finance}, year = {2023}, month = jul, url = {https://reclaimfinance.org/site/en/2023/07/12/4-years-on-paris-still-has-to-deal-with-coal/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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