EIB and Luxembourg Space Agency Collaborate to Integrate Satellite Data Into Financial Sector Practices

EIB and Luxembourg Space Agency Collaborate to Integrate Satellite Data into Financial Sector Practices

EIB and Luxembourg Space Agency Collaborate to Integrate Satellite Data into Financial Sector Practices (IN BRIEF) The EIB and the Luxembourg Space Agency (LSA) have partnered to enhance the use of satellite data in the financial sector, aiming to improve financial services’ sustainability and reporting. Through an R&D Pilot Programme, the collaboration will explore satellite-based solutions for monitoring projects and assessing impact, ultimate…

EIB and the Luxembourg Space Agency join forces to enhance solutions for European Space for Finance

(Credit: Unsplash) This article is published in association with European Investment Bank. EIB and Luxembourg Space Agency (LSA) to support expanded use of satellite information in the financial domain The new Research and Development Pilot programme will be led by the LSA with the support of the EIB The partnership aims at bolstering European strategic autonomy of space data related to financial transactions The European Investment Bank (EIB) …

Ireland’s role in the evolving SFDR landscape

Ireland, alongside Luxembourg, remains at the forefront of facilitating the distribution of ESG funds, with a significant portion of assets under management (AUM) allocated to sustainability focused products. Notably, 33% of funds domiciled in Ireland and Luxembourg are classified under SFDR as Article 8 (so-called ‘light green’ funds – see box) or Article 9. This