SUSTAINABILITY According to UBS bank, the world needs five billion Euros annually to reach the Sustainable Development Goals (SDG). One billion will come from private financing, and 1.6 from public funds, leaving a gap of 2.4 billion. A lot? From committed thinking, that’s only 1% of the global wealth created each year. But it must to accelerate to make up for lost time. To accelerate, many more companies, institutions and investors must be brought over to the viable side of the future. And the social profitability of the projects plays a determining role in increasing that critical mass. Here, the United Nations places the depend-ency of the SDGs on the necessary infrastructure at 72%. Energy, water, technology, transport, communications, education, sanitary infrastructure… COLLECTIVE RESPONSE Greater investment and greater yield are needed because the infra-structure industry suffers a chronic productivity problem, growing barely 1% annually for decades, compared with 2.8% for the global economy. How is this achieved? ACCIONA’s answer to reduce that gap in profitability, among other strategic goals, is called the 2021-2025 Sustainability Master Plan. Its ini-tials, SMP, speak with other acronyms like SDG, and assume that profit-ability and sustainability are interchangeable terms. The company says, “We don’t agree with carbon neutrality.” We’re going for regeneration, understood as “replacing and restoring what we have lost, building economies and communities that prosper, so the planet prospers too.” All the projects will include that pioneering regenerative vector. THE SUCCESS OF THE NEXT CLIMATE CONFERENCE, COP26 (GLASGOW, NOVEMBER 1-12), WILL DEPEND IN PART ON CASH FLOWS AND THEIR SUSTAINABLE COMMITMENT.