Publications Investment Public finance

Landscape of climate finance in France, 2015 edition

12 November 2015 - Climate Report - By : Hadrien HAINAUT / Romain MOREL / Ian COCHRAN, Phd

Energy efficiency and sustainable infrastructure are the main investment domains, followed by renewable energy and nuclear. Between 2011 and 2013, climate investment increased by €6bn, with high contrast between domains. Investment in new buildings’ energy efficiency and in sustainable infrastructure increased, whereas investment in renewable energy, particularly renewable power, decreased.


Up to €36bn invested in favor of climate in France in 2013

Households represented 38% of total climate investment

As project initiators, households invested more than private companies and the public sector. However, their own funds only covered 52% of their total investment. Other financing sources are comprised of grants, subsidies and transfers, for 11%, and bank loans, for 27%.


51% of total climate finance is public-driven


Both central and local governments support climate finance:

  • Through traditional areas of public intervention, such as public housing or transport infrastructure, totaling €15bn in 2013
  • Through incentives towards private sector to invest in climate-friendly projects, accounting for €4bn in 2013


Public-driven finance may not all be from public budgets. For example, they can be mobilized in direct transfer schemes between private actors or via concessional debt programs where private funds are combined with public support.


Additional €10 to €15bn needed to reach national energy transition objectives


This is the gap between current climate investments recorded in the Landscape and estimates of needs in the National Low-Carbon Strategy (SNBC, available in French here). Further investment needs are concentrated in housing retrofitting and renewable power generation. In a context of limited public finance capacity, engaging private finance is thus essential.


You can download the results of the 2015 Edition of the Landscape:

  • Executive summary
  • Full report, including five sectorial booklets on buildings, transport, industry, agriculture and centralized energy production
  • Slides pack used for the presentation of the results
To learn more
  • 05/12/2023 Foreword of the week
    Green industry: the game is kicking off

    Faced with international competition exacerbated by the US Inflation Reduction Act, Team Europe (and longtime team member, France) is preparing its response. The team’s tactics tackle two challenges: greening existing industrial sectors such as steel or cement, and industrialising the production of green goods, particularly those cleantechs that will make the transition a reality, such as heat pumps or electrolysers. To meet the first challenge, the French government has put 5 to 10 billion euros of public money on the table to decarbonise the most polluting production sites, in return for private investment. But has the extent of the industrial investment needs been properly assessed?

  • 05/11/2023
    Investments to decarbonise heavy industry in France: what, how much and when?

    Industry: relocation and decarbonisation at the heart of the debate. The recent succession of crises (health, energy, geopolitical) and increased international competition have prompted France to look for ways to strengthen its industrial and energy sovereignty. It faces this challenge in addition to the challenge of decarbonising its industry. In this context, France and Europe are developing industrial policies with two objectives – relocation and decarbonisation – and with new tools such as the France 2030 plan and the Net Zero Industry Act at the European level. These policies target both ‘historical’ industries, such as steel and cement, and new clean technologies, from solar to batteries.

  • 05/10/2023 Blog post
    The Net-Zero Industry Act: Designing Europe’s launchpad for a cleantech investment plan

    As the world enters a new era of cleantech competition, policymakers must confront two key policy questions – regulation and investment. The Net Zero Industry Act is Europe’s response to the former. Yet key concerns around permitting, sectoral targets and the scope of the Act will need to be addressed if it is to be effective, argue Thomas Pellerin-Carlin and Ciarán Humphreys in this blog post.

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !