Luxembourg Stock Exchange goes green in preparation for COP22
29 Sep 2016

The Luxembourg Stock Exchange has become the first stock exchange in the world to introduce a platform that will trade exclusively in green bonds and other environment-focused financial instruments.

The Luxembourg Green Exchange (LGX), which went live this week, limits access to issuers that comply with tight eligibility criteria, including being self-labelled as green, disclosure that 100 per cent of proceeds will go towards green investments, and a commitment to provide both independent external review and ex-post reporting – a requirement a Luxembourg Stock Exchange statement said was unprecedented on the market.

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