investment

Green bonds are specifically destined for the funding or refunding of green projects, i.e. projects that are sustainable and socially responsible in areas as diverse as renewable energy, energy efficiency, clean transportation or responsible waste management. Iberdrola has consolidated its status as the biggest group issuer of green bonds in the world; and at the start of 2021 it issued the biggest hybrid green bond in history, worth €2 billion. Between 75-81 % of Iberdrola's 2020-2025 investment plan — with an allocation of 75 billion euros until 2025 and an estimated of 150 billion euros to 2030 — is aligned with the European Union taxonomy for mitigating climate change.