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

Cecilia Keating
clock • 6 min read

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...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

How can Europe close its clean tech investment gap?

How can Europe close its clean tech investment gap?

New analysis from the European Climate Neutrality Observatory (ECNO) warns investment gap is putting EU's clean tech competitiveness and climate progress at risk

clock 02 September 2025 • 9 min read
New map reveals £9bn clean energy opportunity for Wales

New map reveals £9bn clean energy opportunity for Wales

The 'Wales Clean Growth Map' identifies investment opportunities from a raft of clean energy and industrial decarbonisation projects

clock 02 September 2025 • 2 min read
Aegon AM launches new Investment Grade Climate Transition Fund

Aegon AM launches new Investment Grade Climate Transition Fund

New fund aims to deliver a net zero aligned portfolio by 2040

BusinessGreen staff
clock 28 August 2025 • 1 min read