Luxembourg blazes trail with sustainable first

By Frank Jackman
10 Sep 2020

Following its inaugural sustainability bond on Monday, Luxembourg hopes that other sovereigns will use its framework as a starting point for their own outings in the format. The Grand Duchy’s sustainability framework is the first to align with the recently published EU taxonomy.

“Creating a sustainability bond framework was in some sense a political statement,” said Bob Kieffer, director of the Luxembourg State Treasury. “The Luxembourg government believes that both social and green go hand-in-hand, and that if you want to achieve a transition towards a greener future you must accompany ...

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