FINANCEMENT DE LA TRANSITION ÉCOLOGIQUE : LE LEVIER DE L'ÉPARGNE SOUTENABLE

The document examines the gap between the public's desire for climate action and the reality of their savings often financing fossil fuels. It proposes a systemic shift in the financial sector to make sustainable savings the default and transparent choice, suggesting tools like an 'eco-score' for financial products and the removal of barriers to switching between funds.

• There is a significant funding gap for the ecological transition in Europe and France. The European Commission estimates that achieving a 55% reduction in greenhouse gas emissions by 2030 requires an additional 620 billion euros in annual investments from public and private sources, while the European Court of Auditors estimates this figure at 1,000 billion euros. In France, France Stratégie indicates a need for approximately 66 billion euros in additional annual funding.
• Despite public support for a green transition, private savings continue to fund fossil fuels due to a lack of transparency. Since the Paris Agreement, major EU banks have provided 767 billion dollars to the 100 largest global fossil fuel developers. Furthermore, 86% of French people believe banks are not transparent about how they use their savings.
• Current sustainability labels and regulations, such as the EU's Sustainable Finance Disclosure Regulation (SFDR), are insufficient to prevent greenwashing. Research by Reclaim Finance in March 2024 found that 70% of 430 passive management funds presenting themselves as sustainable via SFDR article 8/9 or their names still invest in companies developing fossil fuels. Another 2022 investigation showed nearly half of 'Dark Green' (article 9 SFDR) funds invest in fossil fuels.
• Reclaim Finance proposes the implementation of a financial 'eco-score' to provide clear, comparable information to savers. This score would range from A (excluding all fossil fuel developers) to C (no fossil fuel policy or failure to meet minimum exclusions), similar to the Nutri-Score for food products.
• To increase the accessibility of sustainable savings, the report recommends making the proposal of a fossil-fuel-free fund systematic (opt-out) rather than optional. It also suggests using financial incentives, such as modulating tax benefits to reward sustainable choices ('green bonus') or increasing taxes on polluting products ('brown malus').
• The mobility of savers toward sustainable products is currently hindered by structural barriers, such as the lack of portability of rights and seniority. For example, switching a long-term life insurance policy to a more sustainable one can result in the loss of associated tax advantages.

APA

Reclaim Finance (2024). FINANCEMENT DE LA TRANSITION ÉCOLOGIQUE : LE LEVIER DE L'ÉPARGNE SOUTENABLE. https://reclaimfinance.org/site/wp-content/uploads/2024/10/Mobiliser-lepargne-soutenable-–-Reclaim-Finance-2.pdf

Chicago

Reclaim Finance. FINANCEMENT DE LA TRANSITION ÉCOLOGIQUE : LE LEVIER DE L'ÉPARGNE SOUTENABLE. 2024. https://reclaimfinance.org/site/wp-content/uploads/2024/10/Mobiliser-lepargne-soutenable-–-Reclaim-Finance-2.pdf.

Wikipedia

{{cite report |author=Reclaim Finance |title=FINANCEMENT DE LA TRANSITION ÉCOLOGIQUE : LE LEVIER DE L'ÉPARGNE SOUTENABLE |date=2 April 2024 |url=https://reclaimfinance.org/site/wp-content/uploads/2024/10/Mobiliser-lepargne-soutenable-–-Reclaim-Finance-2.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{reclaimfinance2024financement, author = {{Reclaim Finance}}, title = {{FINANCEMENT DE LA TRANSITION ÉCOLOGIQUE : LE LEVIER DE L'ÉPARGNE SOUTENABLE}}, institution = {Reclaim Finance}, year = {2024}, month = apr, url = {https://reclaimfinance.org/site/wp-content/uploads/2024/10/Mobiliser-lepargne-soutenable-–-Reclaim-Finance-2.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }