Spain Seeks to Catch Up on Climate Change, an Industrial Info Market Brief
Spanish Prime Minister Pedro Sanchez recently vowed to catch up on climate change actions after a decade of inaction due to the economic recession. Sanchez, who came into power in June, said the low-carbon transition Spain is now aiming for must be "socially just," and not leave anyone behind.
A new national plan for energy and climate is expected to mobilize investments of 235 billion euros ($267 billion) from 2021 to 2030, will soon be submitted to the European Union. Industrial Info is tracking more than $13 billion in active renewable energy projects in Spain.