Opinion

BNP Paribas turning off tap for new fossil fuels funding should sound alarm bells

Move is on trend with other banks and a powerful group of institutional investors that hold $11 trillion worth of assets

Lending curbs: BNP Paribas chief executive Jean-Laurent Bonnafe.
Lending curbs: BNP Paribas chief executive Jean-Laurent Bonnafe.Photo: AFP/SCANPIX
  • Editorial
Published 16 May 2023, 11:54Updated 17 May 2023, 15:23
BNP Paribasrenewable energy