• The initiative seeks to contribute to the fight against climate change and collaborate with initiatives to protect biodiversity and environmental impact in general.
• Fundación Iberdrola España has invested 100,000 euros to carry out this project.

Through its foundation in Spain, Iberdrola has signed an agreement with the Madrid City Council, opting for the protection of biodiversity and its impact on the environment. Thanks to this donation, Iberdrola will collaborate in reforestation actions in the plots of land classified as green areas, previously determined by the City Council.

The signing ceremony took place this morning and was attended by Borja Carabante, delegate of the Environment and Mobility Area of the Madrid City Council; Fernando García, president of Fundación Iberdrola España and Ramón Castresana, general manager of Fundación Iberdrola.

Fundación Iberdrola España has invested 100,000 euros to carry out this project, providing also volunteers from the Iberdrola Group’s Corporate Volunteering program that will participate to carry out the necessary actions.

The Madrid City Council is working hard to mitigate the impact that the extraordinary meteorological event “Filomena” has caused in the green areas owned by the municipality of Madrid. Both entities aim to collaborate in the interest of a prevailing public interest, such as the protection of the environment and the promotion of biodiversity in the urban environment, which, in this case, is achieved by planting trees in the municipality of Madrid.

Iberdrola, committed to environmental protection

Through its foundation in Spain, Iberdrola is firmly committed to environmental protection and the fight against climate change. Thus, this commitment to biodiversity encompasses vital actions determined by the lines of action set out in the Master Plan, such as supporting programs for the conservation of endangered species and the restoration of habitats.

Fundación Iberdrola España works with institutions and companies to improve the ecological environment and to protect biodiversity. Among other initiatives, in Valencia, it supports the Premio Rei Jaume I a la Protección del Medio Ambiente, which are given to people who have excelled in research into improving the ecological environment.

The foundation also has the Bosque Defensa Iberdrola program, which carries out several reforestation projects on army maneuvering and firing ranges. Since the signing of the agreement with the Ministry of Defense, the fields of Renedo-Cabezón (Valladolid), Sierra del Retín (Cádiz), and Chinchilla (Albacete) have been inaugurated. The foundation has also led the reforestation of the Abies Pinsapo species in the Biosphere Reserve and the Grazalema Natural Park.