BNP Paribas Exceeds €200 Billion Low-Carbon and Transition Finance Target

BNP Paribas has significantly exceeded its low-carbon and transition finance ambitions, directing more than 80% of its energy production financing toward low-carbon sources by the end of 2025, according to the bank’s latest annual results.

As of year-end, 82% of BNP Paribas’ energy production credit exposure was allocated to low-carbon energy, up from 76% in 2024 and 65% in 2023. The result places the bank well ahead of its stated target to reach 90% low-carbon energy exposure, equivalent to more than €40 billion, by 2030.

 

Credit Exposure Shifts Further Toward Renewables and Nuclear

 

BNP Paribas reported total credit exposure to low-carbon energy of €38.3 billion in 2025, an increase from €36.8 billion the previous year. This included €35.6 billion in renewable energy financing and €2.6 billion allocated to nuclear power.

Low-carbon energy, as defined by the bank, includes sources that produce little to no greenhouse gas emissions, primarily renewables and nuclear. The continued expansion of this exposure reflects a multi-year rebalancing of the bank’s energy portfolio.

 

Read more: Swedish Nuclear Expansion Will Require Direct State Investment, Says Vattenfall

 

Fossil Fuel Exposure Continues to Decline

 

The improvement in the low-carbon financing ratio was driven largely by a reduction in fossil fuel exposure. BNP Paribas’ credit exposure to fossil fuels fell to €8.6 billion in 2025, down from €11.5 billion in 2024, accelerating the shift away from carbon-intensive energy production.

This decline contributed materially to the year-on-year increase in the low-carbon share of the bank’s energy financing.

 

€252 Billion Delivered in Transition Finance Between 2022 and 2025

 

Alongside its energy financing progress, BNP Paribas also surpassed its broader commitment to support clients’ transition to a low-carbon economy. The bank had set a goal to facilitate €200 billion in low-carbon and transition finance between 2022 and 2025.

By the end of 2025, BNP Paribas reported total transition-related financing of €252 billion, exceeding the original target by more than €50 billion.

 

Explore OneStop ESG Marketplace: ESG reporting

 

Long-Term Transition Strategy Remains Intact

 

Commenting on the results, BNP Paribas Global Chief Sustainability Officer Laurence Pessez said the bank’s teams had continued to deliver against climate commitments despite external challenges, highlighting a transition trajectory spanning more than a decade.

The latest figures position BNP Paribas among the leading global banks in reallocating energy financing toward low-carbon sources while scaling transition finance for corporate clients.