Three non-governmental organisations are suing BNP Paribas, France’s biggest bank, for failing to comply with the country’s duty of vigilance law and for taking insufficient action to end fossil fuel financing. The case is the world’s first climate lawsuit against a commercial bank.
BNP Paribas insists it is exiting from fossil fuels and says it “regrets” the decision by Friends of the Earth, Oxfam France and Notre Affaire à Tous “to engage in litigation rather than dialogue”.
