Banks can support energy projects by financing them directly or through the financing of companies active in the sector of energy, in France or abroad. This statistic shows that, in 2016 and 2017, the two years following COP21 (21st “Conference Of the Parties”on climate issues), the main French banks (BNP Paribas, Crédit Agricole, Société Générale, BPCE, La Banque Postale and Crédit Mutuel-CIC) allocated 42.9 billion euros of financing to fossil energies compared with 11.8 billion euros to renewable energies.
Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros)
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Oxfam. (November 1, 2019). Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros) [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1137220/french-banks-funding-fossil-renewable-energies/
Oxfam. "Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros)." Chart. November 1, 2019. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1137220/french-banks-funding-fossil-renewable-energies/
Oxfam. (2019). Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros). Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1137220/french-banks-funding-fossil-renewable-energies/
Oxfam. "Total Funding Granted by French Banks to Fossil, Renewable and Other Energies in 2016 and 2017 (in Billion Euros)." Statista, Statista Inc., 1 Nov 2019, https://www.statista.com/statistics/1137220/french-banks-funding-fossil-renewable-energies/
Oxfam, Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros) Statista, https://www.statista.com/statistics/1137220/french-banks-funding-fossil-renewable-energies/ (last visited May 09, 2024)
Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros) [Graph], Oxfam, November 1, 2019. [Online]. Available: https://www.statista.com/statistics/1137220/french-banks-funding-fossil-renewable-energies/