World’s First Green Securities Exchange Announced in Luxembourg
- Seeks to list green bonds, ETFs, funds and structured products
- Obligatory disclosure before and after projects are set up
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The Luxembourg Stock Exchange introduced the world’s first exchange that will trade nothing but green securities.
The Luxembourg Green Exchange, also known as LGX, goes live Tuesday. It intends to act as a gatekeeper for green bonds and other environmentally-focused financial instruments to help reduce ambiguity in the market.