Did you still have doubts? Well now it’s confirmed. Promises are only made to believers.
Since 2015 and the adoption of the Paris Agreement, the number of banks who say they are ready to change to save the climate has grown and grown. Unfortunately, so has their financing to fossil fuels, with no less than $3.8 trillion in financing granted between 2016 and 2020.
The Oscar for hypocrisy goes to French banks, which dream of making Paris the capital of "green finance"... but in 2020 surpassed their British counterparts in the ranking of the most ecocidal banks. While international financing to gas, oil and coal fell by 9% between 2019 and 2020, French banks raised their support by a whopping 36%.
Nominated in the same category is the French government, which sabotaged the proposals of the Citizens' Climate Convention to produce a bill bordering on greenwashing.
The only positive note is the determination of the 110,000 people who mobilized in the streets of France this weekend to call on the French government to adopt a real climate law.