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Climate: banks defend themselves

2020-10-26T19:47:52.623Z

Banks are accelerating their transformation to meet the goals of the Paris Agreement. But there is a long way to go.



In recent years, French banks have increased their commitments to fight against global warming.

The subject is sensitive because this risk occupies a growing place in society.

But in the eyes of some NGOs, they do not go far enough.

An Oxfam study published on Tuesday, two days before Climate Finance Day (finance day dedicated to the climate), considers that

"French banks have not taken sufficient measures to meet the objective of limiting global warming of the planet at 1.5 ° C, enshrined in the Paris Agreement ”.

And to conclude.

"On the contrary, they take us on a trajectory of more than 4 degrees."

Read also:

Climate: the emissions of the richest 1% pointed out by Oxfam

Charges refuted by the banks.

"Oxfam changes methodology every year and the conclusions of its studies are false,"

says Laurent Mignon, chairman of the BPCE group's management board and chairman of the climate committee of the French Banking Federation (FBF).

A banking group points out that the study

"takes as

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Source: lefigaro

All business articles on 2020-10-26

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