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Lettre ouverte à l’AMF contre le greenwashing dans le secteur financier
A coalition of over 20 experts and NGOs has sent an open letter to the Autorité des Marchés Financiers (AMF) demanding an end to greenwashing in the French financial sector. The signatories highlight that a significant portion of funds claiming sustainability continue to finance fossil fuel expansion, arguing that current AMF supervision of extra-financial information is insufficient and lacks deterrent sanctions. They call for the systematic exclusion of companies developing new fossil fuel projects from sustainable or green funds and a revision of the AMF's doctrine on funds integrating extra-financial approaches.
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Document type: Statement
Consumption emissions: opportunities for EU climate mitigation
The document argues that the EU's territorial emission reductions underestimate its true carbon footprint due to emissions embedded in imports. It identifies food, housing, and mobility as primary consumption 'hotspots' and calls for a shift from a focus on production efficiency to policies that target consumption patterns and behavioral change. Key barriers include a lack of standardized monitoring and supply chain transparency, while opportunities lie in leveraging the EU's market influence to set common CBE targets and support developing countries in transitioning to low-carbon production.
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Document type: Policy brief
Top 10 reasons why the ocean is suddenly a hot topic
The policy brief outlines ten key developments bringing the ocean to the forefront of global priorities, including the 2025 UN Ocean Conference, the BBNJ Agreement, and the role of ocean-based climate solutions. It highlights the increasing need for marine spatial planning to manage competing interests like energy production and deep-sea mining, and notes how climate change is creating new security risks and geopolitical tensions, particularly in the Arctic. The text also emphasizes the importance of 'source-to-sea' approaches in biodiversity and plastic pollution treaties, and the legal victories of small island states in recognizing greenhouse gases as marine pollutants.
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Document type: Policy brief
Focus on full implementation of the landing obligation
The document is a formal request from a coalition of NGOs for the European Commission to provide a detailed inventory of infringement proceedings against Member States failing to enforce the landing obligation, citing a Commission assessment that illegal discarding remains prolific and undermines the Common Fisheries Policy.
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Document type: Statement
L’assurance vie à l’ère de l’urgence climatique
An analysis by Reclaim Finance and RIFT finds that most French life insurers continue to fund fossil fuel expansion through 'fonds euro' and 'unités de compte', with over 55% of 'responsible' or 'ESG' labeled funds exposed to fossil fuel developers.
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Document type: Report
L’ASSURANCE-VIE À L’ÈRE DE L’URGENCE CLIMATIQUE
The report finds a significant gap between the climate commitments of French life insurers and their actual investment practices. While most have pledged to stop funding new coal projects in their 'fonds euro', many continue to invest in oil and gas expansion. A critical 'blind spot' exists in 'unités de compte' (UC), where 63% of analyzed funds contain fossil fuel developers, including in products labeled as 'responsible' or 'ESG'. The report calls for regulators to mandate an 'eco-score' and extend ISR labeling to 'fonds euro' to protect savers from greenwashing.
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Document type: Report
Sustainable Debt Market Summary Q1 2024
The report details a record-breaking Q1 2024 for aligned GSS+ debt, with USD 272.7bn added. Green bonds dominated the market, while Europe remained the primary regional source. The report also highlights the growth of sovereign GSS+ issuance, the emergence of nuclear energy in green bond frameworks in North America, and the evolving alignment of sustainability-linked bonds (SLBs) with Climate Bonds' methodology.
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Document type: Report
PVC PROBLEM VERY CLEAR
The report contends that PVC poses unmanaged risks to human health and the environment throughout its life cycle, from toxic manufacturing emissions and accident risks to the release of microplastics and hazardous additives. It argues that the ECHA's 2023 investigation provides a sufficient technical basis for a broad ban, as alternatives are available for all assessed uses. The authors criticize the ECHA report for having a narrow scope—analyzing only 13% of PVC additives—and for underestimating the true costs of PVC by ignoring end-of-life disposal and health remediation expenses. It concludes that targeting only a few additives would lead to 'regrettable substitution' and that a full material restriction is the only effective way to prevent the steady increase of PVC and its toxins in the environment.
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Document type: Report
Ending Canadian Domestic Public Financing for Fossil Fuels
The report finds that Canadian institutions provided between CAD 7.6 billion and CAD 13.5 billion annually to the fossil fuel sector from 2020 to 2022, while providing only CAD 147 million annually for domestic renewable energy. It identifies Export Development Canada (EDC) as the primary provider of this finance and highlights a critical lack of transparency in reporting. The authors recommend a comprehensive policy that covers the entire fossil fuel life cycle, includes existing investments like the Trans Mountain Pipeline Expansion, and precludes funding for carbon capture and storage (CCS) and blue hydrogen. The report suggests redirecting these funds toward clean electricity and Indigenous-led generation to support Canada's energy transition.
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Document type: Report
LES BANQUES FRANÇAISES : Sponsors du chaos climatique
Reclaim Finance highlights the contradiction between the values promoted by French banks through sports sponsorships and their continued financial support for fossil fuel expansion. The report details the funding provided by BNP Paribas, Crédit Agricole, Société Générale, and BPCE to oil and gas companies and liquefied natural gas (LNG) projects between 2021 and 2024, asserting that such investments are incompatible with the Paris Agreement and IPCC guidelines.
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Document type: Report
POWER MOVES AND POWER FAILURES
The report evaluates the transition plans of Enel, ENGIE, EPH, Iberdrola, and Statkraft, finding that none have committed to phasing out fossil gas power in Europe or the OECD by 2035. While Iberdrola and Statkraft are highlighted as following better practices by focusing on sustainable power solutions, EPH is identified as an industry laggard with a strategy heavily reliant on coal and gas. Enel and ENGIE are described as having conflicting strategies that combine renewable growth with continued fossil gas development and reliance on immature technologies like hydrogen and CCUS. The analysis emphasizes that current CAPEX allocations for several utilities remain too high for fossil fuels to meet the IEA's Net-zero Emissions by 2050 scenario.
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Document type: Report
Consumption-based emissions: a new frontier for EU climate policy
The report highlights that the EU is a net importer of CO2 emissions, with consumption-based emissions (CBEs) significantly exceeding territorial emissions. While the EU has focused on territorial targets, the authors argue that addressing CBEs is essential for global climate goals. Through case studies of Sweden, Denmark, and France, the report identifies a lack of standardized monitoring and binding targets as primary barriers. It recommends that the EU establish binding CBE targets, standardize carbon accounting, and expand policies like the Carbon Border Adjustment Mechanism (CBAM) and the EcoDesign Regulation to drive sustainable consumption and production globally.
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Document type: Report
Consumption-driven emissions: new opportunities for EU climate mitigation
The document argues that the EU's territorial emission reductions mask a growing carbon footprint driven by the import of emissions-intensive goods. It identifies food, housing, and mobility as primary consumption hotspots and recommends binding EU-level targets, mandatory reporting for member states, and enhanced trade transparency to address these emissions.
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Document type: Briefing
Loi partage de la valeur : une occasion manquée pour l’épargne salariale
Reclaim Finance criticizes a draft French decree that would allow employee savings plans to include funds with labels that do not strictly exclude fossil fuel expansion. The organization highlights that 84% of current employee savings funds invest in companies incompatible with the IEA's Net Zero Emissions scenario and urges the government to align all eligible labels—including CIES, Finansol, and Relance—with the stricter exclusion criteria of the ISR and Greenfin labels.
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Document type: Statement
Hot Issues: Battle for the climate at the ballot box
The author warns that a rightward political shift in the EU and UK could lead to the rollback of climate regulations and the weakening of the European Green Deal. While EU citizens express high levels of concern for climate change, competing priorities like security and healthcare may lead them to vote for parties hostile to green policies. The text urges activists to combat political apathy and maintain climate action on the political agenda even if climate-skeptical forces gain power.
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Document type: Statement
Financial institutions are foot-dragging on financing coal phaseouts
The document highlights a gap between net zero commitments and the actual financing of coal phaseouts, noting that commercial banks provided US$470 billion to the coal industry between 2021 and 2023. It argues that internal bank policies and financed emission targets are not valid excuses for inaction, as institutions can create specific carve-outs for decommissioning. The author proposes a new "phaseout emissions" category to track support for coal retirements without penalizing overall portfolio targets and urges the public sector to lead pilot projects and provide concessional financing to demonstrate the viability of just coal phaseouts.
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Document type: Statement
Fact-checking du 3ème débat des européennes 100% consacré à l'écologie - quotaclimat
The report evaluates claims made by candidates from the Socialist Party, Renew, La France insoumise, and Les Écologistes across five key sectors: transport, housing, agriculture, international trade, and finance. It corrects misconceptions regarding railway privatization, energy renovation rates, agricultural demographics, and the financial impact of proposed green taxes.
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Document type: Fact sheet
Draft national targets put EU just short of REPowerEU
Analysis of draft NECPs indicates that while EU member states have significantly increased wind and solar targets since 2019, the current trajectory falls short of REPowerEU goals. Renewables are projected to generate 66% of EU electricity by 2030, missing the 72% target. The report highlights a lack of data transparency in the drafts, particularly regarding power system flexibility and post-2030 decarbonisation pathways.
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Document type: Research paper
Renewables: From Monopoly to Democratisation
The text examines the role of energy communities in mitigating the 'green backlash' and far-right growth in Europe. It contrasts industrial-scale renewable projects, which often exclude rural populations in countries like Spain and Greece, with community-led initiatives that prioritize socio-environmental benefits over profit. The author highlights that community energy projects can provide up to eight times more economic benefit to local economies than private projects. Examples of innovation include agri-photovoltaic projects in Greece and North Macedonia, and a biomass heating network in Spain. The document calls for EU and member state support to ensure that the energy transition is inclusive and democratic, preventing profits from accruing only to large companies.
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Document type: Statement
Overview of the global petrochemical industry
The petrochemical industry is a growing driver of global oil demand and greenhouse gas emissions, with nitrogen fertilisers and plastics as primary contributors. Rapid capacity expansion, particularly in China, is projected to increase emissions beyond 1.5°C warming limits. While technical solutions and recycling are proposed, the low cost of virgin plastics and the limitations of 'downcycling' hinder progress, suggesting that policy should prioritise reuse and the reduction of single-use materials over simple substitution or recycling.
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Document type: Briefing