This document is aimed at supporting the development of the green, social and/or sustainability capital market with the issuance of safe (AAA-rated) and liquid sovereign green, social and/or sustainability bond(s).

Under this Framework, the Grand Duchy of Luxembourg may issue 3 types of bonds: 1) Green Bonds where an amount equal to the net proceeds will be exclusively used to (re)finance eligible expenditures falling within the Eligible Green categories, 2) Social Bonds where an amount equal to the net proceeds will be exclusively used to (re)finance eligible expenditures falling within the Eligible Social categories,, and 3) Sustainability Bonds where an amount equal to the net proceeds will be exclusively used to (re)finance eligible expenditures falling within both Eligible Green and Social categories.