Green Finance refers to financial investments that support sustainable environmental practices and projects aimed at addressing climate change and promoting environmental sustainability. This includes funding for renewable energy, energy efficiency projects, sustainable agriculture, and other initiatives that have a positive environmental impact. Green finance encompasses various financial instruments such as green bonds, loans, and investment funds, which are specifically designated for eco-friendly projects. The goal of green finance is to encourage the flow of capital towards activities that have beneficial outcomes for the environment, helping to mitigate the effects of climate change and promote sustainable development.
Pontegadea, the investment company of Zara’s founder, Amancio Ortega, has significantly increased its focus on sustainable energy projects in recent years. Diverging from traditional investment avenues, the company has been…