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Sustainable Finance Framework
The Flemish Government has updated its Sustainable Finance Framework in 2026.
This updated framework builds on the inaugural Sustainability Bond Framework published in October 2018, which was designed to channel investments toward projects delivering measurable environmental and social benefits.
With the Sustainable Finance Framework 2026, Flanders has expanded the scope of the framework and incorporated additional eligible expenditures.
Alignment with International Market Standards
This Framework is aligned to the ICMA Green Bond Principles 2025, LMA Green Loan Principles 2025, the ICMA Social Bond Principles 2025, the LMA Social Loan Principles 2025, and the Sustainability Bond Guidelines 2021 (all together the “Principles”), and incorporates the core components of the Principles:
- Use of Proceeds
- Process for Project Evaluation and Selection
- Management of Proceeds
- Reporting
Sustainable Finance Instruments
Under the Sustainable Finance Framework, Flanders may issue a range of sustainable finance instruments, including bonds, loans and other financing instruments (together, the Sustainable Finance Instruments):
Sustainable Finance Framework
Want to know more about our framework? Read every detail in our Sustainable Finance Framework.