Islamic Finance – Asset Management Feature – Luxembourg’s nurturing ecosystem for ethical and responsible investment funds – Florence Stainier
The recent decision of the US to leave the Paris Climate Agreement and its increasing reluctance to support the unanimously approved UN Sustainable Development Goals (SDGs) might have been expected to impact ethicaland environmental projects. Quite the contrary, funds with a focus on socially responsible investment (SRI) and environmental, social and governance (ESG) issues have seen an upsurge in the last 10 years, in particular since the signing of the SDGs in 2015 and the Paris Climate Agreement in 2016. Florence Stainier is the author of this article.