fbf-refuse-risques-energies-fossiles

Reclaim Finance defends its report 'Actifs fossiles : les nouveaux subprimes?', arguing that French banks hold over 530 billion euros in fossil fuel assets, representing 95% of their equity. The author rejects the FBF's claims that the data is incorrect, asserting that the figures are based on banks' own annual reports and that the financial risk of 'stranded assets' is significant, contrary to the more optimistic 'pilot exercise' conducted by the ACPR and AMF.

• French banks hold a stock of fossil fuel assets exceeding 530 billion euros, which represents 95% of their total equity.
• The report argues that fossil fuel assets represent between 68% and 131% of banks' equity, meaning a total default of all fossil fuel companies is not required to destabilize the banks.
• The author contends that the 'pilot exercise' by the ACPR and AMF, which described transition risks as 'rather moderate', is not a true stress test and relies on flawed climate scenarios that fail to capture the impact of global warming.
• The data used in the study was primarily sourced from the banks' own annual reports, supplemented by direct consultations with the banks to ensure accuracy.

APA

admin (2021). fbf-refuse-risques-energies-fossiles. Reclaim Finance. https://reclaimfinance.org/site/2021/06/11/fbf-refuse-risques-energies-fossiles/

Chicago

admin. fbf-refuse-risques-energies-fossiles. Reclaim Finance, 2021. https://reclaimfinance.org/site/2021/06/11/fbf-refuse-risques-energies-fossiles/.

Wikipedia

{{cite press release |last1=admin |title=fbf-refuse-risques-energies-fossiles |publisher=Reclaim Finance |date=11 June 2021 |url=https://reclaimfinance.org/site/2021/06/11/fbf-refuse-risques-energies-fossiles/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2021fbfrefuserisquesenergiesfossiles, author = {admin}, title = {{fbf-refuse-risques-energies-fossiles}}, publisher = {Reclaim Finance}, year = {2021}, month = jun, url = {https://reclaimfinance.org/site/2021/06/11/fbf-refuse-risques-energies-fossiles/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }