|
The Grand Duchy has once again been ranked as a leading global green financial centre in the GGFI 7, being placed second highest in the EU and sixth globally.
The ranking reconfirms the strength of Luxembourg’s sustainable finance toolbox; from the fund ecosystem that has ensured the Grand Duchy is the preeminent ESG mutual fund centre globally, both by assets (21.2%) and by number of funds (21.4%), to the pioneering role that the Luxembourg Green Exchange (LGX) continues to play. The LGX is currently the largest green bond market globally, with approximately 50% of all green bonds listed on the exchange.
Initiatives such as the Sustainability Bond Framework and Luxembourg Sustainable Finance Initiative will continue to ensure that the Grand Duchy...
|