Impact investing in Spain

The Esade Entrepreneurship Institute (of which ECSI was part) published in 2018 and 2019 a series of reports commissioned by Foro Impacto, the technical secretary of a working group promoting impact investing in Spain.  These papers examined the Spanish impact investing sector and offered recommendations and guidance for the creation of a national advisory board on impact investing that would represent Spain in the Global Steering Group (GSG) for Impact Investment. Thanks to these efforts and the input provided by several actors through research and conversations, the advisory board was founded as SpainNAB and joined the GSG in 2019.

ECSI then became academic partner of SpainNAB and was commissioned to size and segment the impact of the investing sector in Spain. As a result of this, SpainNAB and ECSI have published two editions (in 2021 and 2022) of a market study with data about the volume and characteristics of the impact investing market in Spain, which have become a reference for practitioners and academics interested in impact investing.