News - 20.10.2021

Luxembourg moves up the ranking in latest Global Green Financial Index (GGFI 8)

  • Sustainable Finance

Luxembourg’s green financial credentials have been reconfirmed in the latest GGFI 8, with the financial centre being placed 2nd highest in the EU and 5th globally.

share on

Moving up 1 place, the ranking corroborates the strength of Luxembourg’s sustainable finance toolbox and expertise. The Grand Duchy remains the market leader in terms of sustainable investment funds, with a third of all European sustainable fund assets being domiciled in Luxembourg.

Commenting on the ranking, Nicolas Mackel, CEO of Luxembourg for Finance noted that “the position of Luxembourg, both globally and within the EU, attests to the strength of the Grand Duchy’s sustainable finance ecosystem; one that continues to grow and implement new initiatives and products to combat climate change.”

The GGFI is published by Z/Yen Partners and a globally recognised comparison of the depth of green finance across leading financial centres.

Read the full report here.