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Sustainability and Responsible Banking

Sustainability and Responsible Banking

Fotografía de Cambio climático, hielo, agua, océanos, glacial, azul, cambio climático, calentamiento global

After last week’s climate summit in New York, there is still a lot of uncertainty around the feasibility of fulfilling either the 2030 Sustainable Development Agenda goals or hitting the 2050 carbon neutrality target. In an article written by BBVA Research’s Arturo Fraile, the economist warns that "time is running out, and progress must be made" because positive results are still on the distant horizon. In his opinion, financial regulation and supervision will be key to this unavoidable transition.

“The financial sector’s Collective Commitment for Climate Action is an important step toward working as a true global coalition. It is the industry’s most ambitious commitment to the climate,” explained Antoni Ballabriga, the Global Head of Responsible Business at BBVA, during his presentation at one of the round table discussions taking place in parallel to the climate conference held in New York this week.

Summer vacation is the best time to include some fun and educational activities on financial literacy in children’s games. This way, almost without realizing it, little ones can learn basic concepts like saving and consumption that will be very useful to them in the future.