Sustainable Finance

Luxembourg Sustainable Finance Initiative (LSFI)
The Luxembourg Sustainable Finance Initiative is a not-for-profit public-private partnership that coordinates sustainable finance efforts in Luxembourg. The LSFI supports the financial sector to accelerate the financing of the transition and measures progress in this space.

The Ministry of Finance is a co-founder and member of the board.

Accelerating Impact
A collaborative initiative aimed at strengthening Luxembourg's impact finance ecosystem by fostering dialogue, knowledge sharing, and cooperation between public and private stakeholders. Through its programmes ICFA and ISFA, the initiative supports the development and scaling of impact-driven finance solutions contributing to sustainable and inclusive development.

The Ministry of Finance is a co-founder of the initiative.

• International Climate Finance Accelerator (ICFA)
  An accelerator for first- or second-time impact fund managers focusing on climate impact investment strategies. The programme provides technical and financial support to help emerging managers launch and scale innovative climate finance initiatives.
  
  The Ministry of Finance is a member of the board.

• International Social Finance Accelerator (ISFA)
  An accelerator for first- or second-time impact fund managers focusing on social impact investment strategies. The programme provides technical and financial support to help emerging managers launch and scale innovative social finance initiatives.
  
  The Ministry of Finance is a member of the board.

LUXFLAG 
An independent and international not-for-profit sustainable finance labelling and verification agency, created in 2006.

The Ministry of Finance is a co-founder and member of the board.

Luxembourg Earth Impact Fund (LEIF)
A Luxembourg blended finance investment vehicle focusing on different impact strategies while strengthening the sustainable finance ecosystem and contributing to the transition to sustainable and resilient economies.

The Ministry of Finance is co-founder, and a member of the investment committee and of the board.

• First sub-fund: The Green Earth Impact Fund (GEIF) focuses on driving and channelling sustainable and impact investments in climate mitigation, climate adaptation, and the protection of water and biodiversity in emerging markets.

Luxembourg Development Cooperation Agency (LuxDev)
 An executing agency of Luxembourg's development cooperation, which mainly focuses on poverty eradication and sustainable development in its environmental, social, and economic aspects.

The Ministry of Finance is a member of the board.

Luxembourg-EIB Climate Finance Platform (LCFP)
A platform that invests in both junior and senior tranches to help de-risk funds, notably through first-loss investment, focusing on climate change adaptation and mitigation.

The Ministry of Finance is a co-founder of the platform.

Forestry and Climate Change Fund (FCCF)
A blended finance fund which invests in forestry companies, community forestry entities and owners of smaller forests, who focus on the management of secondary and degraded forests.

The Ministry of Finance is a member of the investment committee and of the Board.

Uni.lu Sustainable Finance Project
A research programme composed of a Master's track and a certificate in Sustainable Finance as well as research projects related to sustainable finance.

The Ministry of Finance is one of the initiators of the project and a member of the steering committee.

Luxembourg Sustainability Bond Committee (SBC) 
A committee responsible for verifying that the proceeds of Luxembourg’s Green, Social and/or Sustainability Bond(s) meet the criteria of the Sustainability Bond Framework, and for composing the Bond Reports.

The Ministry of Finance is a member of the Sustainability Bond Committee.

Gender Finance Task Force (GFTF)
A national taskforce mandated to identify goals and opportunities in gender finance and pursue their implementation. By gender finance, the GFTF understands both "finance for women" and “women in finance”.

The Ministry of Finance is the founder and Chair of the GFTF.

Luxembourg Women in Finance Charter
A charter launched by financial industry associations, under the patronage of the Ministry of Finance, whereby signatory companies commit to set voluntary targets to increase female participation in management and report on progress.

The Ministry of Finance is patron and member of the steering committee.

Catapult: Green Fintech
A programme established by the LHoFT and dedicated to harnessing the transformative potential of fintech to drive innovation, enhance transparency, and optimise the allocation of capital towards sustainable initiatives.
The Ministry of Finance is supporting the programme.

Member State Expert Group on Sustainable Finance (MSEG SF)
An expert group that coordinates sustainable finance initiatives at the European level and assists the European Commission in implementing EU legislation and policies related to sustainable finance.

Energy and Climate Change Working Group (ECCWG)
A working group that supports the Economic Policy Committee in providing economic analyses in the context of the implementation of the EU energy and climate package and its contribution to the goals of the European Green Deal.

Coalition of Finance Ministers for Climate Action (CFMCA)
 A ministerial-level group uniting fiscal and economic policymakers from over 100 countries to drive the global climate response and advance a just transition toward low-carbon, resilient development.

The Ministry of Finance is a member country and a co-lead of the working group on mobilising private finance.

Green Climate Fund (GCF)
The largest multilateral climate fund aiming to support developing countries in their climate change adaptation and mitigation efforts. It operates as a financial mechanism entity under the United Nations Framework Convention on Climate Change (UNFCCC).

The Ministry of Finance is a member of the board.

Global Environment Facility (GEF)
The world’s largest multilateral fund for the environment. Its family of funds is dedicated to confronting biodiversity loss, climate change, pollution, and strains on land and ocean health.

The Ministry of Finance is a member of the council.

SDG Impact Finance Initiative (SIFI)
An initiative that advances progress in developing countries towards the achievement of the UN SDGs by mobilising capital through innovative finance solutions and collaboration  between public and private partners.

The Ministry of Finance is a member of the working group, advisory council, and of the board.

IFC/WB Green Bond Technical Assistance Programme (GB-TAP)
 A programme that supports market creation by stimulating the supply of green bonds in emerging markets that meet the eligibility standards, which are usually required for investment by institutional investors in developed countries.

The Ministry of Finance is supporting the program.

2X Global
A field-building organisation for investors, capital providers, and intermediaries working in public and private markets to unlock gender-smart capital at scale. The Ministry of Finance supports programmes such as the 2X Challenge, 2X Certification and 2X.

The Ministry of Finance is a member of the initiative and of the board.

Global Green Growth Institute (GGGI): Global Trust Fund on Sustainable Finance Instruments (GTF)
 A treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. The Global Trust Fund (GTF) aims to accelerate the adoption of sustainable financial instruments, like thematic bonds, in developing countries.

The Ministry of Finance is a member of the GTF board.

OECD Working Party on Finance and Investment for Environmental Goals (WPFIEG)
An international OECD Committee dedicated to being a forum to discuss climate investments and climate finance matters.

OECD Working Party on Sustainable Finance (WPSF)
An international OECD Committee that helps governments and financial authorities align financial market activities with sustainability objectives and net-zero transitions.