Climate Talks > Large French bank to stop financing new fossil fuel projects next year and triple renewables by 2030

Large French bank to stop financing new fossil fuel projects next year and triple renewables by 2030

Published 16:34 on December 14, 2023  /  Last updated at 16:34 on December 14, 2023  / Roy Manuell /  Climate Talks, EMEA, International, Voluntary

France's second-largest listed bank will no longer finance fossil fuels, it said on Thursday, and will also triple the financing of renewable energy projects by 2030, in a move seen to align with the UN Global Stocktake outcome from COP28.
France's second-largest listed bank will no longer finance fossil fuels, it said on Thursday, and will also triple the financing of renewable energy projects by 2030, in a move seen to align with the UN Global Stocktake outcome from COP28.


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