Signature of a new initiative launched to strengthen Luxembourg’s action in the framework of the SDGs and the Paris Agreement
Ministers Carole Dieschbourg (Minister for the Environment) and Pierre Gramegna (Minister of Finance) have signed the creation of the first phase of the “Climate Finance Accelerator”.
This accelerator, intended to support climate finance, will assist investment funds managers willing to invest in effective projects with measurable impact in the fight against climate change.
The idea and concept of the Climate Finance Accelerator was initiated by the Government and a group of private actors (Arendt & Medernach, Deloitte, Elvinger Hoss Prussen, EY, Innpact, KPMG, LMDF and PWC), within the framework of the Climate Finance Task Force, a think tank bringing together public and private players in Luxembourg, with the aim of promoting innovative ideas and strategic alliances in financing the fight against climate change and supporting the Paris Agreement.
