The festival that involves the ceremonial burning of an effigy, often held in Spain, is called Las Fallas. This vibrant festival is characterized by the creation of enormous paper-mâché figures, representing various social issues or humor. The culmination features a spectacular fire ceremony where these figures are set ablaze, symbolizing the cleansing of the old to make way for the new. It includes fireworks, parades, and showcases Valencia's cultural significance.