Raúl Sánchez es director de inversiones de impacto en Cofides.
Finance

Raúl Sánchez

Director of Impact InvestmentsCofides

Why Continue Investing in Impact?

10:21·3 April 2025

This article was automatically translated from its original Español version. Read the original

Raúl Sánchez is the Director of Impact Investments at Cofides and leads the management of the Social Impact Fund approved by the European Union, which represents 400 million euros aimed at strengthening the impact ecosystem in Spain to address social challenges.

The Social Impact Fund (FIS) aims to address social and environmental challenges, such as territorial and social integration, reducing inequalities, and consolidating the welfare state.

“We support projects that are economically sustainable but have the intention of generating a positive, measurable, and evaluable impact, so that after some time we can say that this investment has addressed a social challenge with a series of results,” explains Raúl Sánchez in the interview.

For Sánchez, the European Union is clear that “the economy does not rule alone” and that we must not lose sight of social impact. Therefore, despite the uncertainty that may weigh on investment funds due to geopolitical tensions, he recalls that the impact economy in Spain has tripled since 2018 and is growing at rates of 20 to 30% at the European level. “More and more agents are incorporating the intention to generate a positive social and environmental impact,” he argues.

María Díaz Valderrama
impact.info journalist
Published on 3 April 2025
Photo credit — D.R.