CaixaBank is committed to respect and protect the planet and its people. It uses its market expertise to support the most environmentally conscious projects that help prevent, mitigate and address climate change and the transition to a low-carbon economy.
CaixaBank finances the generation of electricity with a special focus on renewable energy. Since 2011, the bank has helped finance projects with a total capacity of approximately 12,275 MW worldwide.
It is also a signatory of the Green Bond Principles ( green bonds’proceeds are allocated to projects that have positive environmental and/or climate benefits). In the first half of 2016, it has been the joint-book runner in the issuance of two green bonds amounting to over €1, 400 million.
With a view to promoting sustainable investments that will raise resource efficiency or reduce the related environmental impacts, CaixaBank has a specific offering of ecoLoans and personal ecoMicrocredits to finance purchases of:
It also provides financing for home improvements to raise energy efficiency.
Also, through the ecoFunding (“ecoFinanciación”) for the agricultural sector, CaixaBank finances projects concerning water efficiency, renewable energies, waste management, energetic efficiency, ecological agriculture or rural development.
MicroBank, for entrepreneurs and self-employed persons, also offers ecoMicrocredits for businesses in order to finance investments or working capital for self-employed persons or microenterprises that produce or market ecological services through:
As well as investments in production processes or new products or services that entail a more efficient use of resources or a reduction in environmental impacts:
In addition, MicroBank collaborates with the World Wildlife Fund (WWF) on environmental conservation and sustainable development through its financial contributions and those of its customers to WWF projects. With the Green Account (“Cuenta Verde”), for example, it is helping reforest Doñana National Park, which was declared a UNESCO World Heritage Site.
For further information in EcoCaixa (in Spanish)