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IbizaPreservation invested more than €360,000 in environmental projects in 2021

Home / News / IbizaPreservation invested more than €360,000 in environmental projects in 2021
Home / News / IbizaPreservation invested more than €360,000 in environmental projects in 2021
IbizaPreservation invested more than €360,000 in environmental projects in 2021

Presenting its annual report, the foundation highlighted initiatives such as Central Kitchen Ibiza and the Plastic Free Balearics certification

Ibiza, 17/06/22 – IbizaPreservation today presented its 2021 annual report, a document detailing the foundation’s activities as well as its income and expenditure for the year.

According to its financial statement, IbizaPreservation raised some €437,000 from various sources, including individual donors, companies, private foundations and, for the first time, public administrations. Of this, €361,000 was allocated to its four strategic projects: Ibiza Produce, Plastic Free Ibiza and Formentera, the Sustainability Observatory, and the protection of Posidonia.

The foundation highlighted some key achievements of the year, such as the 11,190 meals delivered to families in need in the municipality of Ibiza Town as part of the Ibiza Central Kitchen initiative, financed by Red Eléctrica de España and with the support of the Town Hall, as well as the 16,000kg of plastic waste removed from the supply chain throughout the Balearic Islands, thanks to the implementation of the Plastic Free Balearics certification.

Last year, the organisation continued to actively participate in the Water Alliance, as well as the Mar Blava Alliance, which in 2021 achieved the inclusion of a national ban on oil and gas prospecting in the the new national Spanish Law on Climate Change and Energy Transition.

Writing on behalf of the foundation’s Board of Trustees in the report’s foreword, IbizaPreservation Chairman Philip Muelder thanked “all those who supported us in 2021, particularly those who attended our fundraising events, as well as our Leaders’ Group and businesses of all sizes.”

Muelder also noted that the foundation’s fundraising capacity was beginning to approach pre-pandemic levels: “It’s heartening to see the green shoots of recovery,” he added.

Under the title “New Beginnings”, the report gives an institutional welcome to Inma Saranova, who replaced Sandra Benbeniste as executive director in October. For her part, Saranova stressed her intention to continue with the intense work undertaken in the area of transparency and good governance, a process she said was, “already quite advanced.”

“It is our goal to be exemplary in our practices and to promote a better understanding of our activities, our beneficiaries, the way we are financed and our social impact. In this way, IbizaPreservation can truly become a foundation for all, in the service of a shared future,” said Saranova in the foreword to the report.

The report is available to read here.