The Luxembourg Green Exchange (LGX), the platform for sustainable securities of the Luxembourg Stock Exchange, has been recognised by the United Nations Climate Change for its leadership in tackling climate change. LGX was awarded the prize in the category ‘Financing for Climate Friendly Investment’ at the United Nations Global Climate Action Awards 2020.
The awards, which are organised by the United Nations Climate Change’s Momentum for Change initiative, recognise global leaders in different industries throughout the world and the impact of their actions to address climate change.
A global leader in green and sustainable finance
LGX - the world's first platform fully dedicated to green bonds – has recently expanded to include social and sustainability bonds as well as SRI funds making it world’s leading platform for sustainable securities. LGX was created by LuxSE in 2016 as a direct contribution to the global climate goals defined in the Paris Climate Agreement and the United Nations Sustainable Development Goals. It plays an active role in addressing climate change issues by facilitating sustainable investment and and by contributing to reorient capital flows towards green and sustainable development projects.
As of 30 September 2020, LGX encompasses 830 sustainable securities totalling EUR 320 billion, issued by around 140 issuers from 30 countries. Issuers that form part of the LGX community represent both public and private institutions, spanning multiple sectors.
The Luxembourg Embassy in Abu Dhabi congratulates the LGX and the LuxembourgSE for being awarded this prestigious price!