Subtitle
Luxembourg
Programme description
LuxFlag is the Luxembourg fund labellling agency providing labels on microfinance, environment and ESG. To promote sustainable investing in the financial industry, LuxFLAG awards an independent and transparent label to eligible investment vehicles in Microfinance, Environment, ESG (Environment, Social, Governance), Climate Finance and Green Bonds. The objective is to reassure investors that the labelled investment vehicle invests in a responsible manner.
Budget (mio €)
1.4 million (1.400.000 Euro)
Region
Global
Target group
Sustainable Investment vehicles
Implementation
LuxFLAG
Start (year)
2009
End (year)
2018
Funding
Luxembourgian Ministry of Finance
Ministry of Foreign and European Affairs
Ministry of Sustainable Development and Infrastructure