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Sustainability and Responsible Banking

Sustainability and Responsible Banking

Nobody wants to go into a care home. Based on this premise, Saraiva Senior, a project by Sacendi (a social and healthcare company that provides integrated services for the elderly in Pontevedra), aims to implement a new approach to care for the elderly. The company, a participant in BBVA Momentum, BBVA's support program aimed at social enterprises, is determined to change mindsets, promote a positive vision of aging and renew the traditional concept of the care home. The director of this social enterprise, Lucía Saborido, its associate director, Noelia López and its technical director, Ricardo Fra Otero, explain how.

Financial inclusion has emerged as one of the priorities in the G20’s agenda, as it is an essential ingredient for economic development and the reduction of poverty. New technologies, especially the use of the mobile phones, are now becoming catalysts of this small revolution that will allow huge segments of the population that remains unbanked as of today to gain access to financial services.

Gene Likens revealed the environmental impact of acid rain. Marten Scheffer has proven that human activity can bring irreversible damage to nature. Both have contributed decisively to understand how ecosystems respond to human-induced alterations of the natural environment, key to better protect our planet. The BBVA Foundation has recognized the work of these two ecologists with the Frontiers of Knowledge Award.

The BBVA Foundation Frontiers of Knowledge Award in the Climate Change category goes, in this ninth edition, to climatologists Syukuro Manabe and James Hansen, separately responsible for constructing the first computational models with the power to simulate climate behavior. Decades ago, both men correctly predicted how much Earth’s temperature would rise due to increasing atmospheric CO2. The scores of models currently in use to chart climate evolution are “heirs” to those first developed by Manabe and Hansen.

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There are over 200 coral species in the Mediterranean. They are not as spectacular and have not suffered in 2016 as much as the Australia’s battered Great Coral Reef, but they are essential to nurture marine life. Some live at depths of hundreds of meters and are seriously damaged. An research team funded by the BBVA Foundation studies how to heal them.