Given the challenges surrounding the development of sustainable finance, the Commission de Surveillance du Secteur Financier (CSSF), the Fondation ABBL pour l’éducation financière (ABBL Foundation) and the Luxembourg Sustainable Finance Initiative (LSFI) mandated ILRES to conduct a survey in order to better assess the perception and knowledge of Luxembourg households in this area. The main conclusions are: a favourable opinion with respect to the possible impact of the financial world but a lack of knowledge about this subject and hence the importance of educational action and the key role of the banker.
PRESSING NEED TO CONTINUE THE EDUCATIONAL EFFORTS UNDERTAKEN
The ABBL Foundation makes information and awareness-raising tools such as educational videos available to the general public and offers training modules in high schools to explain sustainable finance. Furthermore, it will launch, in 2023, a new digital game focused on financial education for all.
Throughout the next months, the LSFI will be concentrating on and intensifying its activities aiming at investors and private savers. A dedicated section on the website of the LSFI will be launched to provide information, tools and practical advice to invest sustainably. The LSFI will also continue to offer courses to raise awareness and inform the general public so that sustainable finance reaches as many households as possible in order to give everyone the possibility to contribute to the challenges our society faces.
FOR MORE INFORMATION:
- ABBL - The Luxembourg Bankers' Association
- Lëtzfin: Let's talk about finance
- Luxembourg Sustainable Finance Initiative
OTHER USEFUL DOCUMENTS:
Press release (available in French, English and German)