Thoughts on the state of sustainable financing in Spain

We can say that Spain’s contribution to the development of sustainable finance has been very prominent. The strong growth of this market has been unleashed in the second part of the last decade and Spain is consolidated among the ten largest countries that borrow money for projects with positive credentials for the environment or for social purposes for disadvantaged groups. Based on the Annual Report published by Ofiso in the last two years, I try to identify some of the reasons for this situation, some keys that help to understand the particularities of our country in this area and the challenges to be faced in the future.