Credit: InFiNe.lu

The Inclusive Finance Luxembourg Asbl (InFiNe.lu), a platform bringing together public, private and civil society actors involved in inclusive finance in the Grand Duchy, has announced the launch of a new interactive online map of the country's inclusive finance ecosystem.

According to InFiNe.lu, the Luxembourg Government has a long-standing record for supporting the financial inclusion agenda and actively integrated it into its cross-sectorial development cooperation programme. For more than a decade, Luxembourg has exceeded official development assistance aid donations set by the United Nations' (UN) Millennium Development Goals, committing an average 1% of gross national income (GNI) in the past five years.

Gathering 36 members, InFiNe.lu brings together key stakeholders from the public, private and civil society sector to leverage the knowledge available in Luxembourg to foster the deployment of inclusive finance worldwide. Building on over 25 years of experience in inclusive finance, InFiNe.lu decided it was time to map Luxembourg's inclusive finance ecosystem.

The aim of this interactive online map is to give a trustworthy image of the diversity of the actors and the variety of sectors, while positioning the Luxembourg inclusive finance ecosystem as a centre of excellence.

Developed by the independent consulting firm PHB Development, this online interactive tool is a result of a detailed methodology and thorough data processing, analysis and evaluation. With this four-pronged approach, the Luxembourg inclusive finance ecosystem is available at a glance:

  • listing the Luxembourg civil society, private and public stakeholders in inclusive finance;
  • showcasing the expertise of each actor;
  • presenting their activities around the world;
  • highlighting their respective alignment with the UN Sustainable Development Goals (SDGs).

The map is accessible for free on the InFiNe.lu website at: https://www.infine.lu/luxembourg-inclusive-finance-ecosystem/.

This online interactive tool in available in English and will be updated regularly.

Michel Maquil, Chairman of InFiNe.lu, commented: "This cartography sets Luxembourg as the key player in inclusive finance. It shows the dynamism of a sector playing a leading role in strengthening sustainable and inclusive finance and achieving the Sustainable Development Goals".