Since 2015, the State of North Rhine-Westphalia regularly issues Sustainability Bonds referring to social and environmental projects. The target group of these bonds are investors who value sustainable investments. The concept of Sustainability Bonds is closely related to the sustainability strategy for North Rhine-Westphalia.

The State of North Rhine-Westphalia issued its 13th Sustainability Bond referring to social and environmental projects in April 2026. This Sustainability Bond has a volume of 2.25 billion euros and a tenor of ten years and refers to 46 suitable projects in the State's budget 2025, which strengthen the State's sustainable development.  The projects were selected based on the criteria described in the framework published in 2025. The projects come from areas such as education, research, health, local public transport, and climate protection. More information about Sustainability Bond #13 can be found here.

Further information about Sustainability Bonds are provided here. 

The Sustainability Bond Presentation as well as the Sustainability Bond Framework are available for download in the right-hand sidebar.