Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique
Summary
Reclaim Finance argues that Barclays' new fossil fuel policy is inadequate, citing weak exclusion thresholds for coal, flawed metrics for measuring coal exposure, and limited restrictions on oil and gas projects, particularly in the US and Argentina.
Key insights
- Barclays is identified as the largest European and seventh largest international financier of fossil fuels, providing 118 billion in funding between 2016 and 2019.
- The bank's coal exclusion policy is criticized for using revenue share rather than electricity production share as a metric, potentially allowing the continued financing of at least 30 companies that produce over 50% of their electricity from coal.
- Barclays' coal exclusion thresholds are viewed as slow, with a 50% revenue threshold currently in place, only dropping to 30% in 2025 and 10% in 2030, lagging behind other banks like RBS.
- Regarding oil and gas, Barclays excludes hydraulic fracturing projects in Europe and the UK, but maintains no such exclusions for other countries like the United States or Argentina.
- The bank has introduced restrictions on the Arctic, excluding direct financing for new oil and gas projects and companies deriving more than 50% of their revenue from the sector.
Cite the original document
- APA
- admin (2020). Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique. Reclaim Finance. https://reclaimfinance.org/site/2020/03/30/barclays-annonce-une-nouvelle-politique-en-decalage-complet-avec-lurgence-climatique/
- Chicago
- admin. Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique. Reclaim Finance, 2020. https://reclaimfinance.org/site/2020/03/30/barclays-annonce-une-nouvelle-politique-en-decalage-complet-avec-lurgence-climatique/.
- Wikipedia
- {{cite press release |last1=admin |title=Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique |publisher=Reclaim Finance |date=30 March 2020 |url=https://reclaimfinance.org/site/2020/03/30/barclays-annonce-une-nouvelle-politique-en-decalage-complet-avec-lurgence-climatique/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{admin2020barclays, author = {admin}, title = {{Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique}}, publisher = {Reclaim Finance}, year = {2020}, month = mar, url = {https://reclaimfinance.org/site/2020/03/30/barclays-annonce-une-nouvelle-politique-en-decalage-complet-avec-lurgence-climatique/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated