The World: Luxembourg takes the lead on climate finance
June 16, 2021
Luxembourg — the small country nestled between Belgium, France and Germany — is making big changes to center itself as a global leader in green finance. While it’s smaller than Rhode Island and has fewer than 700,000 residents, it has the highest per capita carbon dioxide emissions in Europe. Now, as an international hub for banking, finance and investment funds, it’s focused on funneling money toward investments that help poorer countries build green energy and deal with the impacts of climate change.