“Common ACPR-AMF report on policies regarding the exit of coal by the French financial sector”
Author: Autorite de Controle Prudential et de Resolution (ACPR)
Tags: Autorite de Controle Prudential et de Resolution (ACPR), France
In July 2019 on the occasion of a meeting of representatives of the Paris financial marketplace chaired by Bruno Le Maire, the ACPR and the AMF announced a framework to monitor and evaluate climate-related commitments made by banks, insurers, and asset management companies. They have published their first findings on the coal policies of French market participants, ahead of the publication of the full report scheduled for the end of the year.