World’s First Green Exchange Lists $74 Billion in Its First Year

Sept. 27, 2017, 1:13 PM

The Luxembourg Green Exchange, the world’s first bourse for securities related to climate change, listed 63 billion euros ($74 billion) of bonds after one year.

“This far outstripped what we expected,” Jane Wilkinson, head of sustainable finance at the Luxembourg Stock Exchange, said in a phone interview. “It clearly outstrips the growth we’ve seen in Luxembourg on the regular market, which was stable.’’

The Luxembourg Green Exchange, also known as the LGX, was set up as a place where investors could be certain that what they were buying was really a green bond. The industry is unregulated to date, although ...

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