French banks still finance coal, despite a request from the finance minister

French banks still finance coal, despite a request from the finance minister

A year ago, French Finance Minister Bruno Le Maire urged the country’s banks, insurers and asset managers to stop funding any new mines or coal power projects. Two weeks before Climate Finance Day (28 November, Paris), a group of NGOs published a report urging them to take a step further. EURACTIV’s partner La Tribune reports. French banks, insurers and asset managers continue to “finance or insure companies that develop new coal projects,” according to a report published this month by the NGOs Friends of the Earth and BankTrack. This time…

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