ADVERTISEMENT

'Game changer': French bank Crédit Agricole to ditch EU coal by 2030

Michael Holder
Michael Holder
clock 07 June 2019 •
Credit Agricole's headquarters in France | Credit: CA SAfr
Image:

Credit Agricole's headquarters in France | Credit: CA SAfr

Banking giant to publish new independently-verified climate strategy aligned with the Paris Agreement in 2020

French bank Crédit Agricole has said it will stop investing in thermal coal production in EU and OECD countries by 2030, as it pledged to align its activities with the Paris Agreement in a new strategic...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
Michael Holder
Author spotlight

Michael Holder

View profile
More from Michael Holder

'Pace, energy, vision and agility': Government taskforce calls for regulatory overhaul in support of net zero

Solar industry touts 40GW UK expansion plan

Most read
01

Pikachu pushes for G7 coal phase-out, as leaders begin talks in Cornwall

11 June 2021 • 4 min read
02

Greener parcels: Royal Mail to add 3,000 electric vehicles to fleet

11 June 2021 • 3 min read
03

'Destructive': UK-Australia free trade deal sparks outrage from environmental groups

15 June 2021 • 7 min read
04

Swiss citizens reject carbon tax in world's first 'CO2 referendum'

15 June 2021 • 3 min read
05

'At our current pace, we haven't got a hope': E.ON boss warns UK is off track to meet net zero target

15 June 2021 • 4 min read

More on Investment

UK Infrastructure Bank launches with plan to drive investment in net zero transition
Investment

UK Infrastructure Bank launches with plan to drive investment in net zero transition

New government-backed bank tasked with tackling climate change and levelling up regional inequalities has formally opened at its Leeds HQ

Cecilia Keating
Cecilia Keating
clock 17 June 2021 • 5 min read
We are at a defining moment on the path to net zero
Energy

We are at a defining moment on the path to net zero

Business and Energy Secretary Kwasi Kwarteng reflects on green progress made since the Energy White Paper was published by the government six months ago

Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy
clock 17 June 2021 • 2 min read
A solar plant in Texas | Credit: iStock
Energy

Report: Fossil fuels' share of final energy mix same now as 10 years ago

Policymakers must step up efforts to deliver major 'structural shift' away from fossil fuels across all societal and economic activities, report warns

Cecilia Keating
Cecilia Keating
clock 16 June 2021 • 4 min read