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Crédit Agricole pledges 90/10 green financing

Crédit Agricole pledges 90/10 green financing

Crédit Agricole sets ambitious sustainable finance targets for 2028. The Paris-based bank aims for a 90/10 green-brown ratio, facilitating €240 billion in transition financing and achieving €1 billion in sustainable finance revenues by 2028.

Crédit Agricole, the international banking and investment group headquartered in Paris, has announced a series of ambitious sustainable finance commitments and goals. These include a new target to achieve a 90/10 green-brown ratio by 2028, ensuring that for every euro of financing facilitated for fossil fuels, nine euros are allocated to low-carbon energy.

These new commitments were unveiled during the bank’s investor day, coinciding with the introduction of its medium-term strategic plan, ACT 2028. Crédit Agricole reaffirmed its dedication to existing net zero pathways, alongside its 2030 decarbonisation goals for key sectors such as Oil & Gas, Power, Automotive, Commercial real estate, Cement, Aviation, Maritime transport, and Steel.

In addition to the green-brown commitment, Crédit Agricole set new targets to facilitate €240 billion in transition financing by the end of 2028 and to generate €1 billion in sustainable finance revenues within corporate and investment banking. To support these objectives, the bank launched several green business initiatives. These include the “Climate and Nature Force,” a network of internal experts focused on developing innovative solutions for climate and biodiversity, and “CA Capital Nature,” a programme designed to create nature-based solutions and economic value from natural capital, initially focusing on forests.

Eric Campos, Chief Sustainability and Impact Officer at Crédit Agricole, stated, “In 2025, we are taking a decisive step forward, we are willing to move towards an economy that regenerates, rather than simply reducing negative impact. Our 2025 commitments reflect this ambition.”

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