Discover the commitments and achievements in favor of

and sustainable finance made by the actors

of the Paris financial center.

History and projection of CO2 emissions

Did you know that our planet has existed for ~5 billion years, and humanity for "only" 200,000 years? The increase in the concentration of CO2 in the atmosphere (measured in ppm) leads to a warming of the climate, but for millions of years, the concentration has only varied between 190 ppm (ice ages) and 260 ppm (warm periods).
Since 1850 and the beginning of industrial civilization, we have gone from 280 to 414 ppm in 2020, mainly due to the use of fossil fuels, even though they have allowed our societies to develop.
One of the challenges of sustainable finance today is to finance a fair transition towards an economy less dependent on fossil fuels.

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The Observatory in key figures



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Why an Observatory?

Assessing the impact of financial sector initiatives on the real economy:

How to know if the French financial sector is financing the transition to a sustainable economy, compatible with the Paris agreements? The Observatory is a transparency initiative in which the vast majority of the French financial sector participates via their professional federations: AFG, ASF, FBF, FFA and France Invest. Supported by a European LIFE grant, Institut de la Finance Durable the project leader, is also working on this project in coordination with the members of the Finance Climact project: Ademe, IC2E, CGDD, AMF and ACPR, as well as the Ministry of the Economy and Finance, which is the project sponsor. A Scientific Committee is also attached to the Observatory.

A scientific and expert committee

The Observatory's Scientific and Expert Committee, an independent body ensuring the scientific rigor of the project, has issued five publications of recommendations since 2020. These cover a range of themes: key sector indicators for sustainable finance, alignment strategies for financial players, etc. These recommendations have given rise to numerous exchanges with professional federations and to changes to the Observatory, notably in the detail of the coal policy value chain and in the perspective of the data on the Observatory website.

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A triple governance

The role of the Observatory's Steering Committee is to ensure that the project is carried out properly by making sure that the Observatory's work and achievements are transparent and disseminated. It defines the indicators to reflect the actions and achievements of financial actors in terms of sustainable finance. It communicates its work with the Scientific Committee, which makes recommendations. These are then examined and added to if they are deemed relevant and feasible. As the platform's architect, it can propose modifications to the project's orientations and objectives, which it submits to the Finance ClimAct Steering Committee, which ensures that the project's strategy remains in line with the framework note established with the European Union as part of the LIFE grant.

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Resources published by the actors

Dive into the heart of the commitment to sustainable finance by exploring our selection of publications. Discover the work and achievements of project members and their partners, who are actively contributing to the transformation of the financial sector. These publications are an important source of information for promoting a responsible and sustainable approach to finance. They cover a wide range of topics: finance & biodiversity, fossil fuels, shareholder engagement...