

Honeybees are often the culprits, but European wasps ( Vespula germanica) also occasionally build their nests inside human-made structures. Since finding this investor profile is ever more frequent, and given the fact that the Region of Madrid has pioneered and recurrently issued this type of bonds as a strategy and has formalised several social or green contracts, it has now been able to expand its investment base and add value to its debt.First, work out who these house guests really are. On the other hand, there are both national and international investors who, in addition to seeking a profit, are aware of social and environmental goals. The Sustainalytics Agency considers that the Sustainable Financing Framework of the Community of Madrid is credible and with high impact and is aligned with the Principles of Green and Social Bonds and the principles of green loans.

Green Bond Principles by ICMA 1, Principles of the Social Bonus, Sustainable Bond Guidelines.The Community of Madrid participates as issuing entity in the Sustainable Bonds, which has a clear social and environmental mandate under the Sustainable Financing Framework of the Community of Madrid that complies with: In the social category, there is a Strategy for Social Inclusion 2016/2021, within the framework of the Europe 2020 Strategy, which seeks to eradicate extreme poverty in the region. Agriculture: sustainable management of forests, promotion and development of biomass energy.Residential / commercial / institutional: use of clean fuels for domestic heating, energy efficiency improvements, smart grids.


The geoeconomic situation in Madrid creates the need to implement policies to manage pollution and waste treatment in densely populated urban areas. Almost 50% of the area of the region is protected due to its environmental protection and conservation value. In addition, the Community of Madrid has an important environmental mandate. The objective of the Community of Madrid spending on social programs is to strengthen the socio-economic recovery of Madrid and improve social cohesion, thanks to the development of public services that benefit all citizens and the implementation of programs to promote employment through the investment in small businesses. Social expenditures include various programs such as the financing of public policies related to public health, education, social services, the promotion of employment, public transport and social housing. The Community of Madrid is committed to integrating sustainable development and social responsibility in all its activities, while playing a key role in promoting sustainable development initiatives in the territory. With these sustainable instruments, the Community of Madrid in turn manages to diversify its investor base aimed at SRI investors and green investors (Dark Green), while fostering relationships with existing investors. Likewise, it achieves sustainable growth for the citizens of the Community of Madrid and addresses the growing demand for more sustainable assets from responsible investors, contributing to the development of a sustainable market. As well as the achievement of the UN Sustainable Development Goals (SDG). Alignment of the financing strategy with the sustainability strategy is achieved.īy issuing sustainable financing instruments, the Community of Madrid contributes to social and environmental objectives at the global, EU and national level. By issuing sustainable debt, the Community of Madrid contributes to its social as well as environmental policies and actions. The Community of Madrid dedicates a substantial proportion of its budget to social and environmental spending.
