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Climate Finance Day 2021 : notes complémentaires sur les annonces de Crédit Agricole et de Bruno Le Maire
The document critiques the French government's request for financial actors to adopt carbon intensity trajectories by March 2022, noting it avoids previous failed demands regarding fossil fuel exits. It specifically analyzes Crédit Agricole's new commitments, arguing that its exclusions for Arctic projects are poorly defined and its 20% portfolio exposure reduction by 2025 is limited because it excludes equity and bond issuances.
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Document type: Briefing
Questions écrites à Natixis Assemblée générale 2021
The document consists of formal inquiries directed at Natixis regarding its climate and environmental policies. The authors challenge the bank's delayed implementation of coal exclusions, its continued support for fossil fuel expansion, and its involvement in high-risk sectors such as Arctic drilling, shale gas, and Amazonian oil extraction. It specifically calls for the bank to oppose Total's climate strategy and cease financing for projects like EACOP and Tilenga, as well as gas developments in Mozambique. Additionally, it demands a 'zero deforestation' policy for imported soy and a detailed plan to end support for oil drilling in the Amazon.
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Document type: Statement
2020 Scorecard on Insurance, Fossil Fuels and Climate Change
The 2020 Scorecard reveals a growing trend of insurers retreating from coal, with at least 23 companies ending or limiting cover for coal projects. While coal insurance is becoming increasingly difficult and expensive to obtain, the report finds that the industry has largely failed to take comprehensive action on oil and gas. European and Australian insurers are leading the transition, whereas companies in the U.S., Japan, and the Lloyd's market are identified as laggards. The report also highlights a significant increase in coal divestment, with 65 insurers now having policies covering over $12 trillion in assets.
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Document type: Report
ÉPARGNE : Nos économies au service du chaos social et climatique
An analysis of 442 savings funds marketed in France reveals that 86.2% are exposed to companies with critical environmental or social risks, including major greenhouse gas emitters, arms manufacturers, and coal companies. The report highlights a significant gap between French citizens' desire for sustainable investments and the reality of current financial products, noting that 94% of studied ISR-labeled funds still finance these problematic companies. Reclaim Finance calls for mandatory climate requirements for all financial products in France, stricter standards for 'green' or 'sustainable' labels, and the implementation of a 'nutri-score' for financial products to increase transparency.
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Document type: Report
The Banque de France lags on fossil fuels
The Banque de France is criticized for failing to adopt a coal exit policy aligned with the Paris Agreement and for continuing to finance unconventional fossil fuels, despite commitments from other French financial players.
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Document type: Statement
Three Sides to Every Story: Gender Perspectives in Energy Transition Pathways in Canada, Kenya and Spain
The research argues that energy transitions are social and gendered processes, often dominated by male perspectives. By applying an Alternative Pathways framework—categorized into on-stream, off-stream, and transformative pathways—the study examines the impact of excluding women's perspectives in the oil sands of Canada, large-scale renewables in Kenya, and the shift to renewables in Spain, concluding that such exclusions lead to pathways disconnected from local realities and slower sustainable transitions.
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Document type: Research paper
Barclays annonce une nouvelle politique en décalage complet avec l’urgence climatique
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.
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Document type: Statement
Barclays: fossil fuels, new policy, climate emergency
Reclaim Finance argues that Barclays' new fossil fuel policies are inadequate, citing the bank's use of revenue-based rather than capacity-based metrics for coal exclusion and its failure to ban hydraulic fracturing outside Europe and the UK.
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Document type: Statement
Companies to exclude from European Central Bank collaterals and the purchase of securities
Reclaim Finance requests that the European Central Bank exclude companies from its securities purchases and collateral lists based on specific fossil fuel development activities and exposure thresholds, including a 20% revenue threshold for coal and a 15% reserve threshold for unconventional oil and gas.
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Document type: Statement
Sortir de la dpendance aux fossiles
The document calls for an immediate end to financial support for fossil fuel expansion to meet the 1.5°C climate goal. It criticizes financial institutions for insufficient exclusion policies and highlights the danger of non-conventional hydrocarbons and the continued expansion plans of oil and gas majors.
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Document type: Statement
Canada's Federal Fossil Fuel Subsidies in 2020
The report finds that federal fossil fuel subsidies in Canada for FY 2019/20 totaled nearly CAD 600 million, though this is a conservative estimate due to missing data on tax-related subsidies and specific projects. It highlights a shift in government support from exploration toward infrastructure and exports, particularly for the natural gas sector. Key examples include a CAD 275 million transfer to LNG Canada and ongoing support for the Trans Mountain pipeline. The document also identifies carbon pricing exemptions as effective subsidies for fossil fuel consumption and notes that provincial subsidies generally outpace federal ones. It recommends that Canada include subsidy reform in its next Nationally Determined Contribution (NDC) and complete its G20 peer review by 2020.
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Document type: Report
FOSSIL FUEL INVESTMENTS – LARGEST PRIVATE EQUITY MANAGERS
This report provides a detailed inventory of fossil fuel-related assets held by major private equity firms. It categorizes investments into upstream (exploration and production), midstream (pipelines and storage), downstream (refineries and retail), and power generation (coal and gas plants). The data covers diversified managers like Blackstone and KKR, infrastructure specialists like Macquarie and Brookfield, and energy-focused firms such as Riverstone and EnCap, detailing specific company acquisitions, their functions, and geographic locations.
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Document type: Report
INSURING COAL NO MORE
The 2019 Scorecard on Insurance, Coal and Climate Change reveals a growing trend of insurance companies exiting the coal sector. While 17 insurers have limited or ended cover for coal projects—controlling 9.5% of the primary insurance market and 46.4% of the reinsurance market—significant gaps remain. Most policies exclude new projects but continue to cover existing operations. Swiss Re and Zurich are identified as leaders in underwriting, while Legal & General leads in broader climate leadership. Conversely, many US and East Asian insurers are described as 'missing in action,' continuing to provide cover and investment for coal. The report argues that as insurance becomes harder to obtain, coal projects become less bankable, accelerating the industry's demise.
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Document type: Report
Trudeau’s foreign policy: progressive rhetoric, conventional policies
The analysis argues that while Justin Trudeau has positioned Canada as a reliable, progressive partner for the EU and a defender of the rules-based international order, his actual record is marked by contradictions. Key discrepancies include a gap between international climate leadership and domestic support for extractive industries, a failure to meet UN peacekeeping pledges, and continued arms exports to Middle Eastern states despite human rights rhetoric. The document also contrasts Trudeau's approach with the more hawkish, US-aligned foreign policy proposed by Conservative leader Andrew Scheer.
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Document type: Research paper
Environmental Groups Oppose this Deal, Given Failure to Meet Basic Criteria
The document outlines why leading environmental groups oppose the NAFTA 2.0 deal, citing its failure to prevent pollution offshoring, its continued support for fossil fuel dependency, and the preservation of corporate rights to challenge environmental regulations.
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Document type: Statement
Comprehensive Wealth in Canada 2018 – Measuring What Matters in the Long Term
The report argues that GDP is an insufficient measure of national progress and advocates for the use of comprehensive wealth measures. Analysis of Canadian data from 1980 to 2015 reveals several sustainability risks, including rising household debt, declining lifetime earning potential, heavy reliance on foreign investment, and a significant drop in the market value of the oil sands. The author emphasizes that Canada's comprehensive wealth portfolio is vulnerable to climate change impacts.
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Document type: Report
Comprehensive Wealth in Canada 2018 – Measuring What Matters in the Long Term
The report finds that Canada's development has been unsustainable for significant periods since 2008, as comprehensive wealth declined or grew on a fragile basis despite GDP growth. Key vulnerabilities include stagnant per capita human capital, produced capital concentrated in housing and oil and gas, and the physical depletion of most market natural assets. While financial capital grew recently due to foreign stock market gains, household debt has reached unprecedented levels, increasing financial fragility.
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Document type: Report
Comprehensive Wealth in Canada 2018 – Measuring What Matters in the Long Term
The report finds that while Canada's GDP has grown, its comprehensive wealth—comprising produced, natural, human, financial, and social capital—has grown much more slowly and shows signs of fragility. Key concerns include a lack of growth in human capital, the depletion of market natural assets, and an increasing concentration of produced capital in housing and oil and gas infrastructure. The document advocates for the regular measurement of comprehensive wealth by Statistics Canada to better guide long-term policy decisions and address threats like climate change.
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Document type: Executive summary
Nous devons réclamer un nouveau système énergétique international qui convienne aux gens et à la planète
Friends of the Earth International calls for an immediate transition from a pollutant-heavy energy system to a decentralized, people-led model. The statement rejects 'false solutions' like carbon capture and argues that developed nations must take primary responsibility for emissions reductions and financial transfers to the Global South to ensure a just transition.
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Document type: Statement
Tenemos que exigir un nuevo sistema energético internacional que beneficie a los pueblos y el planeta
Friends of the Earth International calls for an immediate global shift away from 'dirty energy'—including fossil fuels, nuclear power, and large-scale hydroelectricity—toward community-led, decentralized energy systems. The statement emphasizes that the Global North must take primary responsibility for emission cuts and financial support for the Global South to achieve climate justice and prevent irreversible planetary tipping points.
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Document type: Statement