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      1. A sustainable finance roadmap for Luxembourg

        A sustainable finance roadmap for Luxembourg

        On 4 October, Luxembourg’s Minister of Finance Pierre Gramegna and Minister of the Environment Carole Dieschbourg, together with Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI), officially launched the Luxembourg sustainable finance roadmap. 

      2. Luxembourg continues to rank among the top 3 financial centres in the EU

        Luxembourg continues to rank among the top 3 financial centres in the EU

        Luxembourg is ranked as one of the top 3 financial centres in the EU, according to three different rankings that were recently published: the Global Financial Centres Index 24, the New Financial International Financial Centres Index, as well as the latest Global Green Finance Index (GGFI).

      3. Alipay and China UMS to set up EU hub in Luxembourg

        Alipay and China UMS to set up EU hub in Luxembourg

        At the end of a week-long mission led by Minister of Finance Pierre Gramegna to Beijing, Hangzhou and Shanghai, China’s Ant Financial confirmed the decision of its payment arm – Alipay - to set up its EU hub in Luxembourg.

      4. Luxembourg ranked 2nd in the EU in new financial centre index

        Luxembourg ranked 2nd in the EU in new financial centre index

        The inaugural edition of the New Financial International Financial Centres Index ranks Luxembourg as the 2nd financial centre in the European Union, after the UK. In terms of international activity, Luxembourg even ranks 3rd globally behind the US and UK but ahead of major European and Asian financial centres such as Hong Kong, Singapore, Germany or France.

      5. The world’s first legal framework for green covered bonds

        The world’s first legal framework for green covered bonds

        The law, which entered into force on July 1st, establishes the legal framework for a new type of covered bond to finance the generation of renewable energies. This is the first law globally to establish a Green Covered Bond and underlines Luxembourg’s commitment to help drive global innovation in sustainable finance.