In Spain, the GFI is focused on increasing the flow of private finance to decarbonise the economy with an initial focus on the built environment.
The GFI is currently leading the finance work stream of the citiES 2030 programme – comprising eight Spanish cities – Barcelona, Madrid, Soria, Seville, Valencia, Valladolid, Vitoria-Gasteiz and Zaragoza – as part of the EU’s mission to deliver 112 climate neutral and smart cities by 2030 through involving local authorities, citizens, businesses, investors and regional and national authorities.
The GFI is also working to build upon the success of its ‘Lender’s Handbook on Green Home Retrofit and Technologies’ and adapting this for the Spanish market to provide a vital resource for financial institutions looking to increase their awareness of the financial products and services which will facilitate the roll out of net-zero ready buildings.
“To ensure the entire building stock is carbon neutral by 2050, we need to make energy efficiency upgrades to more than 100,000 homes per year which will require radical collaboration between public and private sector to mobilise the capital required. The GFI in Spain will work with market participants to seize the opportunities offered by the green transition.”
Eduardo Brunet, Director, Green Finance Institute Spain
“In a context where sustainable investment has become vitally important, organisations such as the GFI have a key role to play. In Spain, a partnership with GFI represents an excellent opportunity to make further progress towards a decarbonised economy through a comprehensive sustainable finance strategy.”
Juan Carlos, Delrieu, Director of Strategy and Sustainability, Spanish Banking Association
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