Taking a funder of climate chaos to court
Creators
- 1. Les Amis de la Terre France (France)
- 2. Oxfam France (France)
- 3. Notre Affaire a Tous (France)
Description
For years, Oxfam France, Friends of the Earth France and Notre Affaire a Tous have been raising awareness about the fundamental role the financial industry has been playing in the climate crisis. Their members have talked with banks to get them to stop financing the fossil fuel industry, and they denounced the governments' unwillingness to regulate the financial sector. The three organisations are now taking BNP Paribas to court for failing in its duty to take action on climate change. The aim is to take legal action in order to force BNP to implement an effective climate policy and to immediately stop supporting the development of fossil fuels. This is the first climate dispute in the world that is meant to force a commercial bank to comply with its legal duties. BNP needs to immediately stop banking on new oil and gas projects. People are already paying the price for climate disasters and for the energy crisis. It is about time we used our money to fund a sustainable future instead of relying on coal, oil and gas over the next decades
Abstract (French)
Depuis des annees, Oxfam France, Les Amis de la Terre France et Notre Affaire a Tous alertent sur la lourde responsabilite de la finance dans la crise climatique, dialoguent avec les banques pour qu'elles cessent de financer l'industrie des energies fossiles, et denoncent le refus des gouvernements successifs de reguler le secteur financier. Les trois associations assignent aujourd'hui BNP Paribas en justice pour manquement a son devoir de vigilance en matiere climatique. L'objectif? Obtenir du tribunal qu'il oblige BNP a se doter d'une reelle strategie climatique et a cesser immediatement de soutenir le developpement des energies fossiles. Il s'agit du premier contentieux climatique au monde a mettre une banque commerciale face a ses obligations legales et a demander l'arret immediat du soutien aux nouveaux projets petroliers et gaziers. Les populations paient deja le prix fort des desastres climatiques et de la crise energetique. Il est temps que notre argent finance enfin la transition vers des futurs soutenables, et non de nouvelles decennies de dependance au charbon, au petrole et au gaz
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Additional details
Additional titles
- Original title (French)
- L'affaire BNP Paribas, le proces d'un monde qui change. Le proces d'un financeur du chaos climatique
Publishing Information
- Imprint Pagination
- 44 p.
- Report number
- INIS-FR--23-1360
INIS
- Country of Publication
- France
- Country of Input or Organization
- France
- INIS RN
- 54115886
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY; S02: PETROLEUM; S03: NATURAL GAS;
- Descriptors DEI
- CARBON FOOTPRINT; ENERGY SOURCE DEVELOPMENT; ENVIRONMENTAL IMPACTS; ENVIRONMENTAL POLICY; EXPLORATION; FINANCING; FOSSIL FUELS; GREENHOUSE EFFECT; INTEREST GROUPS; INVESTMENT; LAWSUITS; LENDING INSTITUTIONS; MITIGATION; PARIS AGREEMENT; PROGRAM MANAGEMENT; RISK ASSESSMENT
- Descriptors DEC
- AGREEMENTS; CLIMATIC CHANGE; ENERGY SOURCES; FUELS; GOVERNMENT POLICIES; INTERNATIONAL AGREEMENTS; MANAGEMENT; MULTILATERAL AGREEMENTS
Optional Information
- Notes
- Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses