Overview
Agenda

Date: 01 October 2026

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Overview

The sustainable bond market in Spain and Portugal has continued to develop in recent years. A number of issuers have returned to the market through repeat programmes, while seeking to align their financing approaches with broader economic, climate and energy-transition objectives.

At the same time, market standards and disclosure expectations continue to evolve, including around framework design, management of proceeds, reporting and, where relevant, transition-related disclosures. For the purposes of this conference, three themes are particularly relevant: the continued activity of Spanish regional public issuers, financing needs associated with the energy transition, and investor perspectives on issuance planning and transaction execution.

The ICMA Iberia Sustainable Finance Conference brought together public sector issuers, corporate issuers, investors and financial institutions to discuss how the region’s sustainable bond market can continue to develop in depth, consistency and transparency. The conference combined issuer practice, investor perspectives and the broader policy and market context shaping sustainable and transition finance in Iberia.

CET    
14:30   Registration
15:00   Welcome remarks
Nicholas Pfaff, Deputy Chief Executive and Head of Sustainable Finance, ICMA
15:10   Panel 1 – Public-sector issuers in the sustainable bond market

Moderator:
Jacqueline Ricciani, Global Heal of Ratings and Sustainability Solutions, Santander Corporate Investment Banking
  • Panagiota Batziou, Vice President – Sustainable Fixed Income Research, Goldman Sachs Asset Management
  • Antonio Cordero, CFO, Instituto de Crédito Oficial
  • Antonio Ortiz, Deputy head of unit of sustainable finance, Spanish Treasury
  • Rodrigo Robledo Tobar, Director General for Financial Policy and Treasury, Comunidad de Madrid
16:00   Fireside chat
Craig Gosnell, Managing Director, Global Business Head ESG/Sustainable Finance, Fitch Ratings
Nicholas Pfaff, Deputy Chief Executive and Head of Sustainable Finance, ICMA
16:15   Panel 2 – Financing the Iberian energy transition: Green bonds, transition finance and the next capex cycle

Moderator: 
Michael Ridley, Executive Director, ESG DCM, BBVA
  • Luisina Berberian, Director - Sustainable Finance, S&P Global Ratings
  • Guillermo Colino, Responsible for Debt Capital Markets, Iberdrola
  • Maria Del Valle Fernandez de la Morena, Senior Manager, Sustainable Investment, BBVA Asset Management
17:05   Break
17:45   Keynote
Carlos San Basilio, Chair, Comisión Nacional del Mercado de Valores (CNMV)
18:05   Panel 3 – What the buy-side requires from Iberian issuers: The investor voice

Moderator:
 Miguel Lafont CFA, Head of Corporate Investment Grade DCM,  CaixaBank
  • Andrea Davila Brindley, ESG Investment Manager, VidaCaixa
  • Augusto Caro, Global Head of SRI, Santander Asset Management
  • Jake Goodman, CFA, Senior Sustainability Investment Analyst, Federated Hermes
  • Samuel Mary, Senior Vice President and ESG research analyst, PIMCO
  • Ellen Murnaghan, Credit Analyst - Impact Fixed Income, T. Rowe Price
18:55   Closing remarks
Benoit Felix, Global Head of Structured Finance, Banco Santander, S.A.
19:00   Networking reception
20:00   Event close

 

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