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BdF paper looks at French law on climate disclosures


Central Banking
The Banque de France
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Mandatory disclosures of climate-related risks led to a sharp cut in French institutional investors’ holdings of instruments issued by fossil fuel companies, a working paper published by the Banque de France finds.
In
S
howing off cleaner hands, Jean-Stéphane Mésonnier and Benoit Nguyen look at the impact of a law passed by the French parliament in January 2016.
The “energy transition and green growth” law, or TECV after its French initials, was unique at the time it was passed. The authors use
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Benoit Nguyen , Banque De France , Banque De France Bdf , Green Finance , Climate Change , Financial Stability , பெனாய்ட் ஂக்யந் , பாங்க் டி பிரான்ஸ் , பச்சை நிதி , காலநிலை மாற்றம் , நிதி ஸ்திரத்தன்மை ,