‘Green finance’ standards ineffective with smaller firms – BdF paper

banque-de-france
The Banque de France

“Green finance” commitments by French banks are having some effect on loans to larger polluting firms, but none when it comes to smaller businesses, a working paper published by the Banque de France argues.

In Banks’ climate commitments and credit to brown industries: new evidence for France, Jean-Stéphane Mésonnier looks at whether French banks’ public commitments on the environment have helped to reduce carbon emissions.

The author uses data on banks’ credit exposures, covering loans to 50

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: