Apr 12, 2019

The Role of Financial Centres in Promoting Strong, Sustainable and Balanced Growth

The Role of Financial Centres in Promoting Strong, Sustainable and Balanced Growth

Event Date : 12 April 2019, Washington D.C., USA

Event Location : Washington D.C., USA

The Ministry of Finance of The Luxembourg Government, the United Nations Environment Programme and the FC4S organized a breakfast meeting during the World Bank and IMF 2019 Spring Meetings. The meeting examined the ways in which financial centres, as custodians of trillions of dollars, can collaborate to accelerate a just transition to a green economy. This was followed by the sharing of experiences among financial centres and market actors on the challenges and best practices to promote sustainable finance and accelerate a transition to a low-carbon economy. The meeting also marked the formal signing of an agreement between the government of Luxembourg and UNEP to strengthen the work of FC4S.