In a first, a climate-related lawsuit has been filed against one of the top banks in Europe. Three nonprofits - Friends of the Earth (Les Amis de la Terre) France, Notre Affaire à Tous and Oxfam France - have sued BNP Paribas over "its massive support to fossil fuels and for its substantial contribution to climate change". Terming it as "the world's first climate lawsuit against a commercial bank", Oxfam accused BNP Paribas of being Europe's largest funder of fossil fuel expansion. The bank has presence in 65 countries, and as per the lawsuit, it is the fifth largest funding source in the world for fossil fuel expansion.

"The three organizations urge the bank to immediately stop financing this expansion and to adopt an oil and gas exit plan," an official statement reads. The lawsuit was filed on February 23. "BNP Paribas, Europe's largest funder of fossil fuel expansion, is ignoring scientific truths and is reluctant to address this glaring issue," said Lorette Philippot, campaigner at Friends of the Earth France.

Also watch: Your mental health can be impacted by climate-related events

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New blank cheques are being issued to fossil fuel companies, asserted Alexandre Poidatz, Advocacy Officer at Oxfam France, "without setting any conditions for an oil-free, gas-free ecological transition." About 50,000 people have signed a petition in support of the case, the NGOs said, adding that the lawsuit is a part of a litigation movement that aims to hold major funders like these accountable for their legal responsibilities.

In a statement to news agency Reuters, the bank said it regretted the filing of lawsuit over a dialogue. “We’re convinced that the ecological transition is the only viable path for the future of our economies. We are focused on our fossil fuel exit path, accelerating financing for renewable energies and supporting our customers, without whom the transition cannot be made," the bank said.

Also read: <a href="http://wionews.com/india-news/global-rankings-predict-high-risk-to-indian-states-due-to-climate-change-564342">Global rankings predict high risk to Indian states due to climate change</a>

BNP Paribas is one of the top 12 banks, as per the Banking on Climate Chaos 2022 report, which financed fossil fuels globally between 2016 and 2021. The report was prepared by RainforestAction Network, based in the United States.&nbsp;

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In a first, a climate-related lawsuit has been filed against one of the top banks in Europe. Three nonprofits - Friends of the Earth (Les Amis de la Terre) France, Notre Affaire à Tous and Oxfam France - have sued BNP Paribas over "its massive support to fossil fuels and for its substantial contribution to climate change".

In a first, a climate-related lawsuit has been filed against one of the top banks in Europe. Three nonprofits - Friends of the Earth (Les Amis de la Terre) France, Notre Affaire à Tous and Oxfam France - have sued BNP Paribas over "its massive support to fossil fuels and for its substantial contribution to climate change". Terming it as "the world's first climate lawsuit against a commercial bank", Oxfam accused BNP Paribas of being Europe's largest funder of fossil fuel expansion. The bank has presence in 65 countries, and as per the lawsuit, it is the fifth largest funding source in the world for fossil fuel expansion. "The three organizations urge the bank to immediately stop financing this expansion and to adopt an oil and gas exit plan," an official statement reads. The lawsuit was filed on February 23. "BNP Paribas, Europe's largest funder of fossil fuel expansion, is ignoring scientific truths and is reluctant to address this glaring issue," said Lorette Philippot, campaigner at Friends of the Earth France. Also watch: Your mental health can be impacted by climate-related events × New blank cheques are being issued to fossil fuel companies, asserted Alexandre Poidatz, Advocacy Officer at Oxfam France, "without setting any conditions for an oil-free, gas-free ecological transition." About 50,000 people have signed a petition in support of the case, the NGOs said, adding that the lawsuit is a part of a litigation movement that aims to hold major funders like these accountable for their legal responsibilities. In a statement to news agency Reuters, the bank said it regretted the filing of lawsuit over a dialogue. “We’re convinced that the ecological transition is the only viable path for the future of our economies. We are focused on our fossil fuel exit path, accelerating financing for renewable energies and supporting our customers, without whom the transition cannot be made," the bank said. Also read: Global rankings predict high risk to Indian states due to climate change BNP Paribas is one of the top 12 banks, as per the Banking on Climate Chaos 2022 report, which financed fossil fuels globally between 2016 and 2021. The report was prepared by RainforestAction Network, based in the United States. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

In a first, a climate lawsuit against one of Europe's top banks. Here's why

Three environmental groups have sued BNP Paribas in France over their fossil fuel financing. Erik Njoka tells you why the activists have taken the bank to the court.

Environmental groups sue BNP Paribas

Canadian tennis player <a href="https://www.wionews.com/sports/unseeded-bianca-andreescu-stuns-angelique-kerber-in-three-sets-to-win-indian-wells-singles-title-203950">Bianca Andreescu</a> followed in the footsteps of another teen sensation Naomi Osaka, who was a little-known 20-year-old when she won the title last year.&nbsp;

Osaka used it as a springboard to win titles at the US and Australian opens while ascending to the world number one ranking in January.&nbsp;

"Naomi (Osaka) did this last year and now to be able to have my name in front of so many amazing champions it means the world to me," said Andreescu during the post-match press conference.&nbsp;

"It's been a crazy ride, truly a Cinderella story," she added.&nbsp;

Andreescu became the first wild card to win the WTA title at Indian Wells on with a gritty 6-4, 3-6, 6-4 victory over Wimbledon champion Angelique Kerber.&nbsp;

Ranked 60th coming into the tournament, Andreescu will rise to 24th in the world with her first WTA title.&nbsp;

When she finally converted her fourth match point she kissed the sun-baked court and flopped spread-eagled on her back.&nbsp;

The 18-year-old shook off fatigue and rallied from a break down in the third set to topple the eighth-ranked German.&nbsp;

"I was actually praying, like every point, because I started cramping at 5-4 and then… no, actually at 5-3 and then it was crazy," reacted Andreescu after his historic win.&nbsp;

"I just prayed and then God did its stuff and then I managed to pull through," she added.&nbsp;

Canadian tennis player Bianca Andreescu followed in the footsteps of another teen sensation Naomi Osaka, who was a little-known 20-year-old when she won the title last year.

Canadian tennis player Bianca Andreescu followed in the footsteps of another teen sensation Naomi Osaka, who was a little-known 20-year-old when she won the title last year. Osaka used it as a springboard to win titles at the US and Australian opens while ascending to the world number one ranking in January. "Naomi (Osaka) did this last year and now to be able to have my name in front of so many amazing champions it means the world to me," said Andreescu during the post-match press conference. "It's been a crazy ride, truly a Cinderella story," she added. Andreescu became the first wild card to win the WTA title at Indian Wells on with a gritty 6-4, 3-6, 6-4 victory over Wimbledon champion Angelique Kerber. Ranked 60th coming into the tournament, Andreescu will rise to 24th in the world with her first WTA title. When she finally converted her fourth match point she kissed the sun-baked court and flopped spread-eagled on her back. The 18-year-old shook off fatigue and rallied from a break down in the third set to topple the eighth-ranked German. "I was actually praying, like every point, because I started cramping at 5-4 and then… no, actually at 5-3 and then it was crazy," reacted Andreescu after his historic win. "I just prayed and then God did its stuff and then I managed to pull through," she added.

Naomi Osaka inspired Bianca Andreescu to claim Indian Wells title

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In a first, a climate lawsuit against one of Europe's top banks. Here's why

Environmental groups sue BNP Paribas

Naomi Osaka inspired Bianca Andreescu to claim Indian Wells title