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ICFA Luxembourg and EIB sign a Memorandum of Understanding to boost climate finance in Europe and beyond

By 8th. July 2020 No Comments

With the aim of promoting and expanding climate finance in Europe and beyond, the International Climate Finance Accelerator Luxembourg (ICFA) and the European Investment Bank (EIB) have signed a Memorandum of Understanding (MoU) to strengthen their collaboration.

Thanks to this new collaboration, the EIB will share its expertise, providing fund managers with coaching services, training sessions and capacity building.

ICFA Luxembourg supports emerging fund managers who focus on innovative investments in climate finance with a high environmental and social impact. The initiative aims to help fund managers in their start-up phase by creating an attractive and supportive environment for them. It is part of Luxembourg’s climate finance strategy and is supported financially by the Ministry of Finance and the Ministry of Environment, Climate and Sustainable Development and the expertise of 10 private sector partners. Thanks to this new collaboration, the EIB will share its expertise, providing fund managers with coaching services, training sessions and capacity building Click here for more details.