Eric Maugendre<p><span class="h-card" translate="no"><a href="https://a.gup.pe/u/energyecon" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>energyecon</span></a></span> <span class="h-card" translate="no"><a href="https://a.gup.pe/u/economics-that-works" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>economics-that-works</span></a></span> 🧵</p><p>In November 2024, BNP Paribas AM became the first major asset manager in the world to end its purchases of bonds issued on the primary market by certain companies in the oil & gas sector: <a href="https://reclaimfinance.org/site/en/2025/01/28/the-impact-of-bnp-paribas-ams-revised-investment-policy/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">reclaimfinance.org/site/en/202</span><span class="invisible">5/01/28/the-impact-of-bnp-paribas-ams-revised-investment-policy/</span></a></p><p><a href="https://mas.to/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bonds</span></a> <a href="https://mas.to/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://mas.to/tags/assetManagement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>assetManagement</span></a> <a href="https://mas.to/tags/greenFinance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>greenFinance</span></a> <a href="https://mas.to/tags/oilAndGas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oilAndGas</span></a> <a href="https://mas.to/tags/energy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>energy</span></a> <a href="https://mas.to/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> <a href="https://mas.to/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://mas.to/tags/Europe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Europe</span></a> <a href="https://mas.to/tags/EU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EU</span></a> <a href="https://mas.to/tags/carbon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>carbon</span></a> <a href="https://mas.to/tags/transition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>transition</span></a> <a href="https://mas.to/tags/greenTransition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>greenTransition</span></a> <a href="https://mas.to/tags/energyTransition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>energyTransition</span></a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mas.to/tags/investing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investing</span></a> <a href="https://mas.to/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investment</span></a> <a href="https://mas.to/tags/France" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>France</span></a> <a href="https://mas.to/tags/oilRisk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oilRisk</span></a> <a href="https://mas.to/tags/strandedAssets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>strandedAssets</span></a> <a href="https://mas.to/tags/emissions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emissions</span></a> <a href="https://mas.to/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markets</span></a></p>