Access to Education

72,638,918 euros of the proceeds of the sustainability bond issued in April 2020 were allocated to the category ‘access to education’. That equals 5.50% of the total nominal amount of the sustainability bond.

Expenses related to passive schools built as part of the DBFM programme Schools of Tomorrow are given priority over expenses related to other schools under the DBFM programme. Within both categories, Flanders selects the schools based on their E-level. Schools with the same E-level are ranked chronologically according to their financing date.

Want to know more about the allocation and impact of the allocated proceeds? Read every detail in our latest sustainability report.