BBVA has announced the launch of a new unit dedicated to financing cleantech innovation.

The creation of this new unit underscores BBVA’s commitment to fostering the development of clean technologies - according to BBVA Chair Carlos Torres Vila, the bank recognizes innovation as a crucial element in achieving decarbonization. He highlighted the significance of affordable clean technologies in driving the green industrial revolution.

The newly launched finance unit aims to accelerate the adoption of green technologies by providing the necessary financial backing. This initiative will help companies and societies transition towards more sustainable practices, contributing significantly to the global effort to decarbonize the economy.

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