Le Scan de la Finance Fossile

The 'Scan de la Finance Fossile' evaluates 56 French financial institutions on their policies regarding high-risk oil and gas sectors. The analysis finds that fewer than half of these actors have policies covering any of the five most risky sectors, and existing policies often contain loopholes that allow continued financing of companies and infrastructure that facilitate fossil fuel expansion.

• To maintain a 1.5°C warming trajectory, global greenhouse gas emissions must decrease by 7.6% annually by 2030, while oil and gas production must drop by 4% and 3% per year, respectively.
• Five fossil fuel sectors are identified as the most risky due to environmental externalities and human rights violations: Arctic extraction, deep offshore, oil sands, shale oil and gas (via hydraulic fracturing), and the entire liquefied natural gas (LNG) value chain.
• The evaluation of 56 French financial actors reveals that less than half (25 out of 56) have a policy covering at least one of the five most risky sectors, and no actor has a policy covering all five.
• Existing financial policies are often inadequate because they exclude specific projects but not the companies developing them, or they use exposure thresholds that are too high to capture major industry players.
• Most policies fail to cover the entire production chain, often excluding extraction while still permitting the financing of transport and storage infrastructure, such as pipelines and LNG terminals.

APA

Reclaim Finance (n.d.). Le Scan de la Finance Fossile. https://reclaimfinance.org/site/wp-content/uploads/2021/05/Briefing-Scan-de-la-Finance-Fossile.pdf

Chicago

Reclaim Finance. Le Scan de la Finance Fossile. n.d. https://reclaimfinance.org/site/wp-content/uploads/2021/05/Briefing-Scan-de-la-Finance-Fossile.pdf.

Wikipedia

{{cite report |author=Reclaim Finance |title=Le Scan de la Finance Fossile |url=https://reclaimfinance.org/site/wp-content/uploads/2021/05/Briefing-Scan-de-la-Finance-Fossile.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{reclaimfinancendscan, author = {{Reclaim Finance}}, title = {{Le Scan de la Finance Fossile}}, institution = {Reclaim Finance}, url = {https://reclaimfinance.org/site/wp-content/uploads/2021/05/Briefing-Scan-de-la-Finance-Fossile.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }