The social development bank in Europe

Barcelona sustainable urban development PFF

  • Approval date

    16 November 2018

  • Borrower

    City of Barcelona

  • Country

    Spain

  • Loan size

    € 100 000 000

  • Line of action

    Sustainable and inclusive growth
    Climate action: developing adaptation and mitigation measures

  • Status

    In progress

This PFF is developed in line with the city of Barcelona Citizen Commitment to Sustainability 2012-2022 and will partially finance budgetary expenditures included in the city’s Plan of Action 2016–2019.

Construction/reconstruction and upgrading of municipal infrastructure such as health care and senior centres, public schools, nurseries, local roads, public spaces, sport facilities, cultural heritage and improvements of the infrastructure for public transport. Investments in sustainable, environmentally friendly and energy efficiency measures are also foreseen. Final beneficiaries will be residents of Barcelona, including an increasing number of migrants, the elderly and students, as well as tourists, who will benefit from quality public education and social infrastructure as well as a better environment.