Over the last few years, the development and impact finance sectors have developed numerous innovative investment instruments to attract both private and public investors. In addition to popular layered funds, various types of bonds instruments such as green bonds, social impact bonds, and project bonds have emerged.
This short report aims to clarify and present the different bonds currently available on the market that can help solve the SDGs investment gap.
The European Impact Investing Luxembourg (EIIL) network published a paper on Luxembourg-based structured climate funds. Luxembourg structured climate funds are already doing pioneering work today to finance a wide range of important activities from renewable energies to climate smart landscapes.
Significant amounts of investments are needed to convert, adapt, evolve and disrupt our current carbon based economy into a carbon neutral or even carbon positive economy. The transition to renewable energies alone will require upfront investments in the order of USD 8 trillion. Scarce public funds should be used strategically to attract private sector investment towards economically viable climate finance projects. In this context, The EIIL has taken stock of what Luxembourg’s fund sector is already doing to mobilize financing for climate change mitigation and adaptation.
A possible operational framework for impact metrics for the anticipated regime of a Société d’Impact Sociétal, provided in an advisory assignment by the UK consulting firm Bates Wells Braithwaite
It still remains to be seen how ambitious the draft bill on the status of the Société d’Impact Sociétal (SIS) to be introduced by the Luxembourg government will be. The proposal worked out by European Impact Investing Luxembourg (EIIL) over the last couple of years has indeed been ambitious, suggesting a framework in which the pursuit of societal impact and financial return co-exist at par in economic decision making processes.
Luxembourg, 29 January 2015 - The network European Impact Investing Luxembourg (EIIL) held its annual conference this Thursday evening on the topic "The role of social finance for the Luxembourg of tomorrow." A hundred people had gathered in the Auditorium of the Banque de Luxembourg to attend this conference, organized in collaboration with the Banque de Luxembourg and InFiNe.lu.
“It is time to take action”. This sentence pronounced by Nicolas Schmit, Minister of Labour, Employment and Social economy, demonstrated its commitment to give to the social economy sector all the means to grow in Luxembourg. Various initiatives will be on the 2015 agenda of his Ministry to promote what he sees as “a key element for the diversification and economic development of the country”.
A group of Luxembourg-based firms in the financial services sector that seek to promote Luxembourg as a hub financial center for impact investing.
The European Impact Investing Luxembourg seeks to play the role of an information exchange platform between stakeholders of the impact investing space. The European Impact Investing Luxembourg’s approach is impartial with respect to various stakeholders.
Leading private banking centre with a long time engagement in development aid, Luxembourg is well positionned to play a catalytic role for impact investing on its pathway towards becoming a mainstream asset class.
Thank you for your interest in our network.
We are an informal group of experts and practitioners in impact investing whose secretariat is coordinated by ADA.
By joining the European Impact Investing Luxembourg you will integrate the impact investing community. As a member, you will join a working group and take part in the debates, the exchanges and the reflection about the sector future.