The social development bank for Europe

Supporting Barcelona’s Resilience Strategy

  • Approval date

    30 September 2022

  • Borrower

    Barcelona City Council (Barcelona)

  • Country

    Spain

  • Loan size

    € 70 000 000

  • Line of action

    Inclusive growth
    Environmental sustainability

  • Status

    In progress

This Public sector Financing Facility (PFF) will help the City of Barcelona achieve its Plan of Action 2022-2024 and become a resilient city promoting sustainable development. The PFF will part-finance the investments included in Barcelona’s strategic lines: Social Rights, Climate Emergency and Urban Planning such as social shelters, sustainable mobility and municipal infrastructure.

Final beneficiaries: Barcelona’s 1.6 million residents, including over 348 302 foreign born residents. In addition, over 9 million of tourists who annually visit the city will also benefit from upgraded public infrastructure and a cleaner environment.