Aitana Bonmatí was just millimeters away from doubling Spain's lead.
After a mazy run, the midfielder curled a brilliant effort towards goal, but the ball just went over the crossbar with Mary Earps beaten.
Spain is totally dominating England at the moment and Salma Paralluelo had a shot blocked soon after Bonmatí's chance.
Other Trending Stories
Olga Carmona of Spain celebrates after scoring her team's first goal. Robert Cianflone/Getty Images
England is yet to arrive at this World Cup final and there are less than 25 minutes remaining.
After a long VAR review at the pitch side monitor, the referee awards Spain a penalty.
Jenni Hermoso steps up and sees her penalty saved by Mary Earps, who is turning out to be a real hero for England in this final. 1-0 still in Sydney.
and has certainly improved since that missed penalty and is now piling the pressure on the Spain goal.
Lauren James has just brought a sharp save out of Cata Coll, but with 75 minutes gone it could be too little, too late for England.
Still, with the amount of time that video assistant referee (VAR) check took for the penalty, we're due for a lot of time added on once we hit 90 minutes.
Spain's Salma Paralluelo is shown a yellow card by referee Tori Penso as England's Alex Greenwood reacts after sustaining an injury.
There's been a lengthy break in play in this final as England defender Alex Greenwood received treatment for a serious head injury.
Salma Paralluelo caught Greenwood in the head with her knee as they challenged for the ball, leaving the English player with blood pouring from her head. After some treatment, she's bandaged up and back out on the pitch.
With the 90 minutes up, the referee has added 13 minutes of stoppage time, largely due to the VAR penalty review and Alex Greenwood's injury.
Can England find an equalizer? At the moment, Spain is looking most likely to score again but Mary Earps once again keeps her team in the final.
Advertisement
The full-time whistle goes and Spain wins its first ever Women's World Cup, sending its players and fans into rapturous celebrations!
Olga Carmona's goal proved the difference between the two teams and, although England rallied in the second half after Spain missed a penalty to double its lead, ultimately, the brave Lionesses could not find the back of the net.
It could have been an even more comfortable win for Spain as England goalkeeper Mary Earps came up huge with several acrobatic saves throughout the match.
Spain joins Germany as one of two nations in soccer history to win both a men's and women's World Cup. History made in Sydney, Australia!