Published October 26, 2022 | Version v1
Miscellaneous Restricted

Towards a lawsuit against a funder of climate chaos

Description

For years, Oxfam France, Friends of the Earth France and Notre Affaire a Tous have been warning about the heavy responsibility of finance in the climate crisis, and have been engaging with banks to prevent them from financing the fossil fuel industry, and denouncing the refusal of successive governments to regulate the financial sector. On the eve of the Climate Finance Day in Paris, and a few days before the opening of a new COP in Egypt, the three NGOs are today officially noticing BNP its failure to meet its duty of vigilance with regard to climate change. The objective? To get the court to force BNP to adopt a real climate strategy and to immediately stop supporting fossil fuel expansion. This would be the first climate litigation in the world to confront a commercial bank with its legal obligations and to demand an immediate halt to support for new oil and gas projects

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. a la veille du Climate Finance Day a Paris, et a quelques jours de l'ouverture d'une nouvelle COP en egypte, les trois associations mettent aujourd'hui BNP Paribas en demeure pour manquement a son devoir de vigilance en matiere climatique. L'objectif? Obtenir de la justice qu'elle oblige BNP a se doter d'une reelle strategie climatique et a cesser immediatement de soutenir le developpement des energies fossiles. Il s'agirait 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

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Additional details

Additional titles

Original title (French)
L'affaire BNP Paribas, le proces d'un monde qui change. Vers le proces d'un financier du chaos climatique

Publishing Information

Imprint Pagination
38 p.
Report number
INIS-FR--23-0191

Optional Information

Notes
Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses