@techreport{TeublerHennesReutter2019, author = {Teubler, Jens and Hennes, Lena and Reutter, Oscar}, title = {Impact report NRW sustainability bond \#5 : analysis of the sustainability bond \#5 issued in 2019 by the German state of North Rhine-Westphalia (NRW)}, institution = {Wuppertal Institut f{\"u}r Klima, Umwelt, Energie}, address = {Wuppertal}, url = {http://nbn-resolving.de/urn:nbn:de:bsz:wup4-opus-74632}, pages = {58}, year = {2019}, abstract = {The Wuppertal Institute conducted an impact analysis of the NRW sustainability bond \#5 of 2019 on behalf of the State government of North Rhine-Westphalia (NRW). The most recent bond has a volume of EUR 2.25 bn, a term of 15 years and consists of 52 eligible projects from the State's 2018 general budget (sustainable value-added was confirmed in a second party opinion by ISS-oekom). This report analyses the contribution of the bond to climate mitigation, sustainable land use and social impacts. It also includes information on the impacts of the previous four bonds (NRW sustainability bond \#1 to \#4).}, language = {en} }