It makes long-term finance available for sound investments in order to contribute towards EU policy goals. The European Investment Bank (EIB) issues long-term loans on behalf of the European Union. Iberdrola, a global leader in sustainable and green finance, has established itself as a global benchmark in sustainable finance, becoming the first group worldwide to issue green bonds, after being the first Spanish company to open this market in 2014. In 2016, the company also underwrote the first green loan for an energy company, in the amount of €500 million. At the end of June 2022, the group already had green financing or financing linked to sustainability criteria amounting to more than €43,800 million, of which more than €16,500 million correspond to green bonds. Source: Iberdrola