Sustainable Financing for SMEs in Spain

Sustainable finance involves investing in the transition to greener business activities, addressing risks and opportunities in this process. But for this transition to be effective, it is essential to include small and medium-sized enterprises (SMEs), due to their economic relevance and in terms of employment.

With the aim of analysing whether sustainable finance mechanisms in Spain are considering these companies, the UN Global Compact Spain and Spainsif have carried out the first study on sustainable finance and SMEs in our country. The study identifies good practices, instruments and tools deployed by financial institutions in Spain to intensify and increase sustainable financing for SMEs, as well as the challenges that arise for an effective channelling of sustainable financing flows.