GLF-Luxembourg Partnership

A partnership with the government of Luxembourg to mainstream and accelerate sustainable finance with a specific focus on nature-based solutions, climate change, ecosystem restoration, and biodiversity

Context

Until recently, the financial sector has been slow to recognize the threat that unsustainable land-use poses for climate change, biodiversity, water use, rural poverty and gender inequality. These issues can lead to asset stranding, debt defaults and reduced returns across a wide range of asset classes, including corporate loans, public and private equity, and sovereign bonds. 

Vision

To shift financial flows towards sustainable land-use models that are sustainable, equitable, inclusive and profitable.

Objective

To achieve this vision, the Government of the Grand Duchy of Luxembourg and the Global Landscapes Forum (GLF) are joining forces to:

  • Share knowledge on existing innovations and continuously build relevant (new) solutions
  • Enhance mainstreaming of sustainable finance for nature-based solutions (NBS)
  • Catalyze private sector engagement in sustainable land use financing.

About

Luxembourg is a pioneer in sustainable finance and is positioned to become a leader in natural capital investing and a global hub for NBS. The recently-launched Luxembourg Sustainable Finance Strategy and the Luxembourg Sustainable Finance Initiative (LSFI) form part of an enabling environment to ensure acceleration of much-needed sustainable finance innovations.

Similarly, GLF is committed to sharing knowledge and best practices on sustainable land-use finance and value chains. Building on the fruitful co-organization of the fourth GLF Investment Case Symposium in Luxembourg in 2019, a longer-term partnership between the GLF and the Government of the Grand Duchy of Luxembourg has been proposed. The collaboration is planned for an initial period of 2021-2024.

In the news

Leaders raise the profile of the niche finance sector at the Global Landscapes Forum’s fourth Investment Case Symposium

In conversation with the creator of the world’s first sustainability-focused trading platform

Past events

On 30 November 2019, the Global Landscapes Forum convened in Luxembourg for its fourth annual Investment Case Symposium, this year examining the question: How can we move sustainable land-use financing into the mainstream?

Activities​

All activities will catalyze and accelerate the mainstreaming of sustainable finance and the development of innovative finance instruments that contribute to NBS for climate change mitigation and adaptation.

Knowledge management, communications, learning and capacity-building activities will share and accelerate the uptake of lessons learned and best practices to scale appropriate financing models for REDD+, Ecosystem-based Adaptation (EbA), Climate-Smart Agriculture (CSA), ecosystem restoration and sustainable supply chains.

Thus, the partnership will operate as a critical catalyst for NBS financing worldwide, while promoting Luxembourg’s innovations, initiatives and projects. For example, the Luxembourg Green Exchange (LGX), recent winner of the United Nations Framework Convention on Climate Change (UNFCCC) Global Climate Action Award could be supported in delivering more impacts for climate-smart land-use initiatives, projects and investments. A recent joint LGX-GLF publication on green bonds and sustainable land-use investments is an
example of the types of knowledge products that GLF can support and lead on.

Activities implemented in the framework of the Partnership include:

  • Preparing, jointly with Luxembourg partners, relevant knowledge management and
    communications initiatives
  • Designing and organizing physical, digital, and blended events in Luxembourg (webinars,
    workshops, online conferences, etc.)
  • Engaging with key Luxembourg organizations to help them increase their engagement with
    sustainable finance that contributes to NBS for climate change
  • Designing knowledge products jointly with Luxembourg-based organizations (publications,
    news articles, fact sheets, etc.)

Beneficiaries

In close coordination with the LSFI, the Partnership will seek to support the many key Luxembourg organizations which could benefit from increased engagement for NBS to climate change, with a particular focus on delivering positive impacts in developing countries. Strategies will be employed to ensure that each activity and output includes and serves to address the perspectives and needs of communities in low- and middle-income countries. The activities will be designed to ensure that these regions represent the majority of the audience reached by the GLF’s
digital media.
GLF offers a very inclusive platform, and facilitates dialogues between multiple stakeholder groups: youth; Indigenous Peoples and Local Communities; policy-makers; practitioners; researchers; media and more. The platform is on track to reach one billion people through traditional and social media by 2025, with a core network of participants representing over 7,000 organizations. 

Partners

(not limited to)

GLF Contacts

Global Landscapes Forum

Information

infogloballandscapesforum[dot]org

John Colmey

GLF Managing Director

j.colmeycgiar[dot]org

Ludwig Liagre

GLF Sustainable Finance Lead

l.liagrecgiar[dot]org