Energy projects can be financed by banks, through direct funding, or by investments of companies active in the energy sector. Although renewable energies were financed by French banks up to almost 12 billion euros in 2016 and 2017, fossil energies still attracted the highest funding. During those years, oil and gas notably accounted for 63 percent of all the energy financing.
Value of the funding granted by French banks to the energy sector from January 2016 to December 2017, by type of energy sources
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Funding value in billion euros
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The source adds the following information: "The chart shows the direct and indirect support (project financing, loans, share and bond issues) of French banks - BNP Paribas, Société Générale, Crédit Agricole, BPCE, Crédit Mutuel-CIC and La Banque Postale - for fossil and renewable energies in 2016 and 2017."
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Oxfam. (November 1, 2019). Value of the funding granted by French banks to the energy sector from January 2016 to December 2017, by type of energy sources (in billion euros) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1137332/french-banks-funding-energies-type-2016-2017/
Oxfam. "Value of the funding granted by French banks to the energy sector from January 2016 to December 2017, by type of energy sources (in billion euros)." Chart. November 1, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1137332/french-banks-funding-energies-type-2016-2017/
Oxfam. (2019). Value of the funding granted by French banks to the energy sector from January 2016 to December 2017, by type of energy sources (in billion euros). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1137332/french-banks-funding-energies-type-2016-2017/
Oxfam. "Value of The Funding Granted by French Banks to The Energy Sector from January 2016 to December 2017, by Type of Energy Sources (in Billion Euros)." Statista, Statista Inc., 1 Nov 2019, https://www.statista.com/statistics/1137332/french-banks-funding-energies-type-2016-2017/
Oxfam, Value of the funding granted by French banks to the energy sector from January 2016 to December 2017, by type of energy sources (in billion euros) Statista, https://www.statista.com/statistics/1137332/french-banks-funding-energies-type-2016-2017/ (last visited August 24, 2024)
Value of the funding granted by French banks to the energy sector from January 2016 to December 2017, by type of energy sources (in billion euros) [Graph], Oxfam, November 1, 2019. [Online]. Available: https://www.statista.com/statistics/1137332/french-banks-funding-energies-type-2016-2017/