BBVA secures more than €40 billion in sustainable finance, supporting the fight against climate change. The bank — which has committed to securing €100 billion in sustainable financing between 2018 and 2025 as part of its contribution in the fight against climate change — reached 40 percent of its sustainable financing target in June 2020. This figure includes transactions in green and social financing (62 percent of the total), social entrepreneurism and financial inclusion (13 percent), sustainable infrastructure and agribusiness (11 percent), and other sustainable sources (14 percent).
Two and a half years after BBVA launched its Pledge 2025 (through the end of June 2020), the bank has secured €40.1 billion, a clear demonstration of BBVA’s commitment to the fight against climate change, which contributes to the fulfillment of both the United Nations Sustainable Development Goals (SDGs) and the challenges set forth in the Paris Agreement on Climate.
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