Presse release

Paris, 8 november 2022 – Reclaim Finance publishes a new report between two major climate finance events: before the COP27 Finance Day and a few days after the Climate Finance Day held in Paris, which confirmed the stalemate of sustainable finance in the Paris financial market. This report deciphers the 10 preconceived ideas put forward by many French financial actors to justify their continued support for oil and gas expansion, contrary to scientific recommendations. Misleading interpretations or bad faith? Reclaim Finance calls on French banks, insurers and investors to seize this report to disentangle the truth from the false and adopt the necessary measures to meet their climate commitments.