BNP Paribas - Eagle News

Tag: BNP Paribas

Banks heavily finance oil firms despite climate goals: study

February 15, 2022

LONDON, United Kingdom (AFP) – European banks, while pledging to tackle carbon emissions, are heavily financing companies involved in the expansion of oil and gas production, activist group ShareAction said on Monday. A total 25 lenders, led by HSBC, Barclays and BNP Paribas, last year provided fossil fuel groups with a total of $55 billion (48.5 billion euros), ShareAction said in a report. The activist group urged investors to use their shareholder rights to push […]

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As nations bicker, a greener future evolves in finance

February 11, 2020

By Jitendra JOSHI Agence France-Presse LONDON, United Kingdom (AFP) — Away from the toxic atmosphere at climate summit talks, in boardrooms, banks and trading houses, a transformation in green finance is under way. Its backers hope it could profitably help save the planet. Regardless of the politics of climate change, there is real money to be made today in the exploding market for bonds and other instruments invested in environmentally sustainable projects. But in the final […]

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