French banks leading the way in financing the ecological transition

Growth in renewable energy financing and in green and sustainable outstanding loans. In 2025, for every €1 of financing allocated to fossil fuel production, €3.4 were directed to renewable energies and €17 to green and sustainable loans (compared with €2.7 and €13 respectively in 2024).

French banks maintain strong momentum in steering financial flows towards the ecological transition. They are increasingly financing their clients’ transition projects—whether businesses, local authorities or individuals. In this context, they are publishing their annual reference study, which reviews developments in their financing activities and actions*.

*The published data are drawn from France’s six largest banking groups. Methodologies for accounting for financing activities supporting the transition continue to evolve and to become more harmonised from year to year, notably through the sharing of best practices and in response to regulatory requirements. This ongoing improvement leads to adjustments in certain calculation methodologies from one year to the next.