Carlos Torres Vila argued that the
fight against climate change represents one of the greatest disruptions in history – a titanic task that must be carried out at a pace that is also unprecedented. And although energy companies play a very important role in this process, it affects society as a whole and requires everyone to join forces: consumers, government authorities, researchers, investors and companies from practically all sectors. In this transition, banks play a crucial role as âdrivers of change,â he added. In his opinion, âboth transition and innovation require financing, and âwe have an important role in advising our clients with innovative solutions to undertake this transitionâ. He also indicated that this transition must be fair and leave no one behind. In this regard, the Chairman recalled that BBVA is a bank that is very much present in the emerging world, and âwe are very proud to contribute to its development.â The OECD rec