Amundi SA, a leading European asset manager, has called on the EU to relax rules that currently limit the inclusion of oil and gas exposures in investment products. The firm argues that allowing such exposures in a newly proposed fund category would help bridge the gap between current energy demands and the EU’s long‑slide toward a lower‑carbon economy.

The proposed fund category would specifically target investments that support the transition, yet still permit exposure to oil and gas assets that can drive revenue and technological innovation. Amundi believes that excluding these sectors outright could slow progress, as many firms rely on these resources to fund renewable projects.

If the EU adopts Amundi’s recommendation, asset managers would gain flexibility beyond conventional clean‑energy mandates, potentially increasing capital flow into hybrid projects that combine fossil fuels with renewable investment. The move could signal a pragmatic approach to the clean‑energy transition, balancing environmental goals with market realities.