And this commitment has not wavered amid the current macroeconomic uncertainty. Spain was among the top three EU recipients of EIB Group financing in 2022.Īccording to the EIB Vice-President responsible for Spain and Portugal Ricardo Mourinho Félix, “these figures reflect the EIB Group’s commitment to financing the future of the Spanish economy through the green and digital transition, business competitiveness and economic, territorial and social cohesion. This amount is equal to 0.76% of Spain’s gross domestic product (GDP) and is expected to support investments of more than €23 billion. In 2022, the EIB Group signed financing operations in Spain totalling €9.96 billion. The European Investment Bank (EIB) and its subsidiary the European Investment Fund (EIF) signed record financing for climate action and environmental sustainability, as well as for innovation and digitalisation in Spain last year. Financing for sustainable energy projects that will help end dependence on fossil fuel imports exceeded €3 billion for the first time, placing Spain second in the European Union in terms of financing volume.Climate action and environmental sustainability financing reached a record €5.18 billion, more than half of the total project signatures in Spain.The EIB Group signed financing operations totalling €9.96 billion last year.
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