Climate campaigners sue BNP Paribas over fossil fuel finance

Action against one of Europe’s largest financial institutions is the first climate-related lawsuit against a commercial bank

French campaigners are suing one of Europe’s largest financial institutions for financing fossil fuels in the first climate-related lawsuit against a commercial bank.

Oxfam France, Friends of the Earth France and Notre Affaire à Tous accuse BNP Paribas of supporting companies that aggressively develop new oil and gas fields and infrastructure, despite repeated calls by scientists to stop investment in fossil fuels.