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29 Sep World’s First Green Securities Exchange Announced in Luxembourg

World’s First Green Securities Exchange Announced in Luxembourg

September 29, 2016- Luxemburg 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. It will […]

26 Aug Major insurers urge G20 leaders to commit to 2020 fossil fuel subsidy phase out

Major insurers urge G20 leaders to commit to 2020 fossil fuel subsidy phase out

Multi-national insurers with more than USD 1.2 trillion in assets under management have urged governments to commit to phasing out fossil fuel subsides by 2020 at the G20 leaders’ summit in Hangzhou, China next month. Insurance companies Aviva, Aegon NV and MS Amlin have signed a joint statement, along with the Institute and Faculty of Actuaries […]

08 Aug

Unprecedented global rise in cities disclosing climate strategies

A record number of cities are now measuring and disclosing environmental data on an annual basis in order to manage emissions, build resilience, and protect themselves from the growing impacts of climate change. 533 cities globally representing 621 million citizens reported the actions they’re taking on climate to the non-profit CDP this year, a rise […]