One Out Of Every Ten Euros Invested In Bonds In Spain In 2020 Went To Sustainable Bonds

spain sustainable funds

Fernando Rodriguez | Spanish companies, banks, autonomous communities and state agencies participated in 40 green, social and sustainable bond issuances in 2020, worth a total of €15,024 million, up 54% since the previous year, according to the 2021 Report of the Spanish Sustainable Finance Observatory (OFISO). This figure means that 10.4% of all bond issuances in Spain last year – around 156,000 million euros – fell into one of the three categories that make up sustainable bond financing in our country.

The aforementioned report also states that sustainable loans, including Project Finance, amounted to a further 18,002 million, up 38% since the previous year.

The total amount of sustainable financing in Spain reached 33,026 million euros in 2020, up 45% since the previous year.

About the Author

Fernando Rodríguez
Fernando Rodriguez is in charge of PR and Development at The Corner. He has worked for over 30 years for financial publications like Expansion, El Economista, Dossier Empresarial, Ciudadano and Afa Press-Worldfolio and has been a contributor to El Pais-Negocios, Emprendedores, Época, Sector Ejecutivo and Consejeros. Fernando holds a degree in Journalism from CEU-San Pablo (Complutense University) and a master’s degree in Strategic Communication from CESMA business school. As a communication consultant, he has developed PR projects for firms like Grupo Bancaja, JP Morgan, GBS, Corpfin, QBE, Howden, Asociación Española de Leasing y Renting (AELR) or Asociación Española de Accionistas Minoritarios de Empresas Cotizadas (AEMEC).