French central bank vows to cull coal and cap oil and gas investment by 2024

Cecilia Keating
clock • 6 min read
Banque de France in Lille | Credit: Velvet
Image:

Banque de France in Lille | Credit: Velvet

Banque de France to axe investment in firms generating more than half of their revenue from gas, 10 per cent from oil, and any revenue from coal by 2024

Banque de France has announced plans to phase out the bulk of its investments in oil and gas companies by 2024, making it the first national central bank in Europe to set out a timeline to significantly...

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