BBVA mobilized €15.6 billion in sustainable corporate business between January and September 2023 (up 95 percent from the same period the previous year) and €7.3 billion in retail banking (up 69 percent). Both segments have consolidated growth in the mobilization of sustainable business.

BBVA Chair Carlos Torres Vila, together with over 100 chairs or CEOs of large global companies, signed a declaration calling on the global leaders participating in the upcoming United Nations Climate Change Conference in Dubai (COP28) to commit to “transformative policies and actions.” “Every fraction of a degree counts in the race to net zero,” explains this open letter from the Alliance of CEO Climate Leaders promoted by the World Economic Forum (WEF).

The protection of nature and its sustainable management is a matter of the very survival of the planet. Moreover, a growing number of financial institutions are becoming aware that this field offers a real opportunity. The deployment of long-term strategies, the role of investors and shareholders, and increasingly stringent regulation paint a brighter picture.

The agreement between Hochschild Mining and BBVA is a ‘Club Deal’ facility totaling $200 million in favor of the mining companies Ares and Amarillo Mineraçao do Brasil.

Last week’s big event shed some fascinating light on the progress we have made toward our shared commitments, though we were also reminded of the huge challenges we still face in building a greener and more inclusive world. Once again this year, the UN General Assembly in New York hosted the SDG Summit and New York Climate Week, which featured plenty of initiatives and events related to the Sustainable Development Goals (SDGs) and climate action.

Javier Rodríguez Soler, Head of Sustainability and Corporate & Investment Banking (CIB) at BBVA, highlights in this article, published by EUROFI, the importance of the transition towards a greener and more inclusive economy in Europe.

The events aim to provide support and guidance for sectors and institutions impacted by both the European Green Deal and Carbon Border Regulation processes.

BBVA Chair Carlos Torres Vila stated that "the investment necessary for the economy to function without emissions must make economic sense, since a large part of it will come from the private sector." At a round table hosted by UNEP FI in Madrid, he stressed that "decarbonization will occur when investments in emerging green technologies prove profitable."

BBVA has invested 25 million dollars in a new round of financing from the venture capital fund Lowercarbon, which specializes in decarbonization. This new investment, added to a previous one of 20 million reaching a total of 45 million, will be allocated to disruptive solutions with enormous potential, including new technology based on nuclear fusion.

The bank has launched an educational video channel aimed at children to supplement the shows shown on Learn together 2030 KIDS. The new proposition will target channels that cater to young audiences (YouTube Kids, TikTok, Instagram), with enticing content based on the Sustainable Development Goals