France’s largest lender turns off funding tap for new oil and gas ventures

Bank aims to reduce its exposure to oil exploration and production by 80% by 2030

Turning the tap off: BNP Paribas, France's largest lender, will stop financing new oil and gas developments.
Turning the tap off: BNP Paribas, France's largest lender, will stop financing new oil and gas developments.Photo: AFP/SCANPIX
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Published 11 May 2023, 16:03Updated 11 May 2023, 16:03