In Spain, sustainable financing has increased nine-fold over the past five years and in 2020 it grew by 45% compared to the previous year.
A study by Deloitte published by the Naturgy Foundation analysed the boom in sustainable financing within the framework of the energy transition and decarbonisation by 2050 objectives.
More than a thousand primary school students from Valls and Tarragona are participating in these days at workshops on the current energy challenges and new energy technologies given by Fundació Naturgy at educational centres in both towns. This initiative forms part of the educational work carried out by Efigy Education with which the foundation aims to reach 12,000 students across Spain.
The Naturgy Foundation has donated 12,000 euros to Cáritas Spain, which will be used to provide adequate food to families in a vulnerable situation who are suffering the consequences of the country’s current economic crisis due to the pandemic.
Today, the Naturgy Foundation announced the winners of the first edition of the Prize for Best Social Energy Initiative which aims to raise the profile of people, organisations and institutions that stand out in the social sector for their energy-related projects.
The study ‘Energy Poverty in Europe: a comparative analysis’, which the Naturgy Foundation is presenting today, calls for the implementation of structural measures with a medium- and long-term impact that involve improved energy efficiency, renewable energies and changes to consumers’ energy habits, with the aim of improving polices to combat energy poverty.
The initiative, which will be carried out in a building belonging to the Diocese, involves using the profits from renewable power generation to help combat energy poverty.
The Naturgy Foundation’s volunteering programmes have more than 700 employees taking part, having benefited over 4,500 families this year.
A report from the Florence School of Regulation (European University Institute) considers that the quicker costs are reduced by funding research and supporting demonstration projects, the fewer production subsidies will be necessary.The document supports the Commission’s Hydrogen Strategy on the use of the current gas infrastructure as the most cost-effective way of building the future hydrogen distribution grid.The authors argue that the cost of renewable energies will fall significantly by 2050 due to expected technological improvements
The two entities have collaborated for the past three years to develop joint programmes to combat energy vulnerability, a problem that has been worsened this year by the social and economic consequences of the pandemic.
Rehabilitations have been carried out in 350 homes and 4,500 informational workshops have been held, in addition to the advice on energy-related matter provided by volunteers from both organisations.
This year, Naturgy donated over 2 million euros to the Red Cross for the purchase of medical supplies to fight the pandemic.
The energy company’s foundation has carried out over 600 rehabilitations that have benefited 15,000 people, and the Energy School has offered training on energy efficiency to vulnerable households that are receiving help from Cáritas.
A unique initiative will be developed in Ávila as part of this new agreement, bringing together renewable power generation and the improvement of vulnerable people’s employability
