This website uses cookies to help analyse how users use the website and to optimise its use, as well as cookies necessary for the proper functioning of the website.

Necessary Cookies

These are own cookies that are necessary for the normal operation of the Website and are always stored.

+ info

Analytics cookies

We use third-party cookies to analyse your use of our website. The information is collected anonymously. As they are not necessary for the operation of the website you can choose not to accept them.

+ info

Advertising cookies

We use Google Maps to display the location map. The use of Google Maps generates different cookies that are used to show you content that may be of interest to you.

+ info

This site uses its own and third-party cookies to provide a better service. You can read more about our cookies policy.

ENERGY TRANSITION HUB Sustainable financing



As defined by the Spanish National Securities Market Commission (CNMV), sustainable finance is that which "conditions economic growth towards more humane and balanced development". Sustainable finance can be divided into 3 types:

  • Socially Responsible Investment (SRI): investments that use environmental, social and governance criteria as well as strictly economic ones (risk, profitability and liquidity). They also include impact investing, whose purpose is to generate a beneficial social or environmental impact alongside a financial return.
  • Ethical banking: banks that carry on their activity following from the outset the criteria of transparency, democracy and sustainability, together with the financial criteria of traditional banking.
  • Microfinance: provides basic financial services to groups at risk of financial exclusion (current accounts, debit cards, loans, etc.). The aim is to include these groups in the financial aspects.

In turn, sustainable finance allows the use of different financing products which promote sustainable development:

  • Pension and investment funds: investment and savings instruments made up of the assets of a group of individual investors and managed by a management company.
  • Green and social bonds: public or private debt issues focused on financing projects with a positive environmental or social impact.
  • Social risk capital: investments with sustainability criteria in non-listed companies.
  • Microcredits: small loans for entrepreneurship or business development with difficulty in accessing financing, the objective of which is to promote self-employment at the social level.