The Luxembourg Stock Exchange, (LuxSE) the leading stock exchange for international bond listings, became a Climate Bonds Partner yesterday.
In 2007, LuxSE listed the first green bond ever issued; since then it has continued to endorse collective action towards the transition to a low carbon economy. Most recently, on 18 February this year, LuxSE achieved an important milestone in this mission by listing the 100th green bond at the exchange.
Speaking in Luxembourg, CEO of the Luxembourg Stock Exchange, Robert Scharfe, said "Green finance is not a passing fashion, it is a real game changer. We believe it will become the foundation of future capital markets. Green bonds will be a central feature of this new marketplace. But for this to happen we will need more standardised approaches. The Luxembourg Exchange looks forward to working closely together with the Climate Bonds Initiative in this respect.”
From London, Climate Bonds CEO Sean Kidney said “The Luxembourg Stock Exchange has a special focus on international bond listings and hosts the world’s largest listing of green bonds. The Exchange and the Climate Bonds Initiative share a common vision about the importance of growing the role of international green finance in addressing climate change – we both believe green will be central to capital markets in the future.”
The Climate Bonds Initiative is an investor-focused not-for-profit organisation, promoting large-scale investment in the low-carbon economy.
