The index ranks Luxembourg second in terms of green finance penetration and sixth for green finance quality.

The GGFI specifically mentions the Luxembourg Green Exchange, which was launched in 2016, citing it as a key element in Luxembourg’s ranking and acknowledging it for quality and depth of its green finance offerings.

The Global Green Finance Index is sponsored by the Mava Foundation, is carried out by Finance Watch and Long Finance and seeks to encourage financial centres to became greener. The full report can be read here.