Financing by French banks for renewable, fossil and other energies

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Banks can support energy projects by financing them directly or through the financing of companies active in the sector of energy, in France or abroad. This statistic shows that, in 2016 and 2017, the two years following COP21 (21st “Conference Of the Parties”on climate issues), the main French banks (BNP Paribas, Crédit Agricole, Société Générale, BPCE, La Banque Postale and Crédit Mutuel-CIC) allocated 42.9 billion euros of financing to fossil energies compared with 11.8 billion euros to renewable energies.

Total funding granted by French banks to fossil, renewable and other energies in 2016 and 2017 (in billion euros)

Characteristic	Funding value in billion euros
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Release date

November 2019

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Region

France

Survey time period

January 2016 to December 2017

Supplementary notes

* The source adds: "In particular nuclear, hydroelectric, biomass and agrofuel energies."

The chart shows the direct and indirect support (project financing, loans, share and bond issues) of French banks - BNP Paribas, Société Générale, Crédit Agricole, BPCE, Crédit Mutuel-CIC and La Banque Postale - for fossil and renewable energies in 2016 and 2017

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