In a new scientific publication, Dr Sabine Dörry from LISER (Luxembourg Institute of Socio-Economic Research) and Dr Christian Schulz from the University of Luxembourg assess existing and possible links between the financial industry and local businesses that aspire to more sustainable economic practices.
Luxembourg’s growing green finance effort are positive both for the campaign on national branding and bringing incentives to national economy. However, critics point to opportunities for “green washing” effects.
The paper Green financing, interrupted. Potential directions for sustainable finance in Luxembourg published in The International Journal of Justice and Sustainability, concludes that the momentum of alternative endeavors remains fragmented, but disruptive, and innovative ‘green’ undertakings are well on their way.,
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Learn more on the LISER website: Green financing: new potentials for Luxembourg