Each and every one of us must take responsibility and do all we can – at our own level and within our means – to save the planet from environmental disaster. We also need a radical transformation of the global economy so it can create growth, which is essential to job creation, while using less energy, and using energy with an ever lower carbon footprint. The success of this transformation will require solidarity and an effort from us all. Starting with banks, which have a key role to play. French banks are already committed in this area.
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The European Investment Bank is pleased to be able to roll-out a new energy transition partnership in France with the Crédit Agricole Group via the announcement of an agreement for a first loan instalment of 250 million euros.
Two years after the Paris Agreement on climate change, the Group has decided to extend and clarify the commitments it made in 2015 by increasing green financing, including climate issues in risk assessments, excluding hydrocarbons that cause the most damage to the environment and offsetting its entire direct carbon footprint.
Two years after the Paris Agreement on climate change, the Group has decided to extend and clarify the commitments it made in 2015 by increasing green financing, including climate issue [...]
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