• Version 20 April 2021
  • Type brochure
Cover "Green bond allocation report 2020"
  • Version 20 April 2021
  • Type brochure

On 20 April 2021, the German government published the first allocation report for its Green Federal securities issued in 2020. The “Green Bond Allocation Report 2020” provides investors with transparent and binding information on expenditures from the federal government's environmental and climate protection programmes. It lists expenditures recognised as “green” in the 2019 federal budget and allocates them to the proceeds of € 11.5 billion of Green German Federal securities issued in 2020 (allocation). The issuance proceeds are allocated to eligible green expenditures of the 2019 budget year totaling € 12.3 billion.