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Philippot, Lorette; Amiel, Frederic; Cubizolles, Marion; Molliere, Catherine; Renaud, Juliette; Poidatz, Alexandre; Vercken, Nicolas; Le Comte, Armelle; Poche, Stephanie
Les Amis de la Terre France, Mundo M, 47 avenue Pasteur, 93100 Montreuil (France); Oxfam France, 62 bis Ave Parmentier, 75011 Paris (France)2021
Les Amis de la Terre France, Mundo M, 47 avenue Pasteur, 93100 Montreuil (France); Oxfam France, 62 bis Ave Parmentier, 75011 Paris (France)2021
AbstractAbstract
[en] Two notes show how banks, and notably French banks, are investing to help oil, gas and coal companies, that which means a resulting global warming of 4 C. In the first note, data are provided and commented regarding the amount of investments by French banks. Besides, banks are so much involved in these companies that they have to support them, and French banks are still investing huge amounts in oil and shale gases. The second note reports a research which seeks to identify the fossil credit and investment portfolios of French financial institutions for the year 2020 and until March 2021. It more particularly aimed at showing how much French credit financial institutions provided to the fossil fuels sector in the period from January 2020 to March 2021, what level of investment French financial institutions have in companies engaged in fossil fuels in the period Q4-2019 to Q4-2020, and how investment flows changed in the past year
Original Title
'Quoi qu'il en coute' Les banques francaises au secours de l'industrie fossile - Mai 2021
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Source
18 May 2021; 33 p; 54 refs.; Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses
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Miscellaneous
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