BBVA reached €50.2 billion in sustainable financing at the end of December 2020. This means it has achieved half of its sustainable financing objective foreseen for the 2018-2025 period (€100 billion), one year ahead of schedule. The growth rate in the financing of this type of BBVA sustainable operation is 33 percent more than planned.
BBVA accelerates in its 2025 Pledge to mobilize €100 billion in sustainable financing in the fight against climate change. In 2020 alone, and despite the pandemic, it reached €20 billion, 12 percent more than in 2019. The bank's pledge against climate change contributes to the achievement of the United Nations´ Sustainable Development Goals (SDGs) and the challenges of the Paris Climate Agreement.