Banks

gas financing

BNP Paribas ends direct gas financing

The French bank said it would no longer directly finance any oil and gas projects. But critics say the policy does nothing to sever ties with the companies themselves, allowing some oil and gas financing to continue.

hsbc oil and gas

End to HSBC oil and gas financing: a defining moment?

The halt to HSBC oil and gas direct financing of new fields sets new standards for all banks committed to net zero, say experts.