Process

LuxFLAG accepts and reviews applications on a first-come, first-served basis.

Green bonds wishing to apply for the LuxFLAG Green Bond Label should first review the Eligibility Criteria and consult with LuxFLAG in order to assess whether or not they may be eligible for the label.

Next

In a second step, the Applicant must complete and sign an Application Form and return it to LuxFLAG together with a series of documents.

All exchange of information will be subject to a NDA signature.

Next

Applicants will receive an acknowledgement by e-mail within ten business days of receipt.

Applications will be reviewed and any additional information solicited if necessary. When the application is complete, it is presented to the Green Bond Label Eligibility Committee of LuxFLAG for analysis and recommendation to the Board of Directors.

Next

Based on the recommendation, the Board of LuxFLAG will approve or reject the application.

If the application is complete and accurate, the process should take no longer than one month. A written notification of the decision will then be sent to the applicant.

Next

Successful applicants will be required to pay a fee of Euro 3,000

at the attribution of the label in the first year and thereafter EUR 1,500 every 24 months during the lifecycle of the bond for compliance maintenance. Successful applicants will have to sign a set of Terms and Conditions relating to the use of the LuxFLAG Green Bond Label.

Next

The Label is granted for the lifecycle of the bond

provided that ex-post reporting is received latest 18 months after issuance.

Start Application