Financial companies, banks, insurance companies and asset managers, play a central role in the economy and will have to contribute to the fight against global warming. For the moment, the main prescription of the media seems to be negative: curb the financing of fossil fuel producers, coal and hydrocarbons. Restricting such financing seems more urgent than measures using market mechanisms.

New article published in Les Echos (22 March 2022), co-written by André Lévy-Lang, President of the Institut Louis Bachelier and Marie Brière, Amundi, Louis Bachelier Fellow, to be read in full here (French version).