The Sustainable Finance Board held its first meeting, chaired by the Minister of Economy, Trade and Business, Carlos Cuerpo.
The Board is made up of more than thirty representatives of public and private bodies, as well as leading executives from financial sector associations and representatives of businesses, the third sector, academia and renowned experts, including the CEO of CECA, José María Méndez. Its creation reinforces the public-private commitment to promote the climate transition and decarbonisation of the economy, supporting the private sector in its adaptation to the European framework of sustainable finance, forming part of the roadmap set out in the Green Paper on Sustainable Finance.
The Sustainable Finance Board is presented as a tool for public-private collaboration to enable the financial sector, businesses and public administration to develop joint lines of action. This first meeting presented the working agenda with the first initiatives to be developed, as well as the deadlines for its implementation, and the commitment and encouragement of public-private collaboration to move forward in the agenda for the ecological transition and the decarbonisation of the economy was emphasised. The programme includes various actions that are based on two lines aimed at promoting the adaptation of the financial and business sectors, especially SMEs, and guiding savings and investment towards sustainability.
