Luxembourg Stock Exchange, leader in green bond listing, becomes a Climate Bonds Partner
The Luxembourg Stock Exchange, (LuxSE) the leading stock exchange for international bond listing, becomes a Climate Bonds Partner today. 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 the 18th of February this year, LuxSE achieved an important milestone in this mission by listing the 100th green bond at the exchange.
Speaking in Luxembourg, CEO 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 standardized 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.”
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