A year of transformative action for the future
2024 was a year that laid the foundations for the future. In 2024, the Basque Country took a decisive step forward by passing the Energy Transition and Climate Change Law. It reinforces our commitment to climate neutrality and a just transition by 2050, and positions us as a driver of change, accelerating mitigation policies, regional adaptation to climate impact and social equity that will ensure that no one is left behind.
2024 also placed the Basque Country at the forefront of Europe with the publication of the new List of Clean Technologies, a key fiscal instrument to boost the energy transition and the circular economy. This list enables companies to deduct 30% of the cost of investment in sustainable technologies, becoming a key tool to accelerate the decarbonisation of our economy.
And we are looking towards 2025 with the same enthusiasm and determination. The Basque Circular Summit, the largest circular economy event in southern Europe, will be back in April. Over three days, Bilbao will be the venue for analysing challenges and opportunities, consolidating alliances and highlighting the role of the Basque Country as a source of inspiration to move towards a more sustainable development model.
This report, which includes these and many other milestones, reflects the fact that Ihobe is convinced that inspiring and mobilising Basque society is the way to build a sustainable future. We will continue working hard to make the energy and climate transition a reality shared by all, determinedly leading the changes that our environment and our times are calling for.
Alexander Boto Bastegieta
General Manager
Ihobe, Public Environmental Management Company
Basque Government
Social responsibility
“Ihobe watches over the development of the entities that make up the social environment in which it operates, analysing the impact it has on it and taking an active part in those activities in which it can carry out social work, in line with its capacities and values, reinforcing its strategy and, at the same time, without ceasing to promote measures that contribute to environmental sustainability”.
All of this is based on participation, creating a breeding ground for proposing and carrying out cooperation, integration and education activities.
At Ihobe we defined and established the company as a stakeholder, with three specific scopes:
All of this taking into account the needs of our environment, our capabilities and our values, as part of our policy and strategy. And the participation of Ihobe’s people, encouraging personal commitments aligned with our approach.