Aldo Romani Head of sustainable finance, finance directorate, European Investment Bank Romani was the EIB’s deputy head of funding, euros, from 2001 to 2018 and head of sustainability funding from 2018 to 2022. In 2007, he shaped the transaction through which the EIB inaugurated the green bond market, subsequently promoting best practice in working groups of the Green Bond Principles, China and the EU. He has driven the gradual alignment of the EIB’s sustainability funding with evolv

Julian Lewis: Welcome, everybody. Thank you for being here today for this IFR ESG roundtable discussion. I want to start by asking the panellists to introduce their institutions’ approaches to these markets and, since they are so well known, to tell us something that everyone may not be aware of about their strategies or issuance. Ralf, can you start us off? Ralf Berninger: Investors tell us they like the fact that our deals finance categories that are a bit different to most other issuers

Julian Lewis: Laurent, what is the view of the market, more generally, on the GBS? Do you subscribe to the view that as of December there will be a two-tier green bond market? A more expensive elite issuing under the GBS, and a second, cheaper market trailing in its wake? Laurent Adoult: A super greenium for EU GBS bonds? First, I would say that the comments we’ve heard are a relatively good representation of what the entire market thinks. We all know that for the EU GBS the big difficulty