The Luxembourgish impact investment ecosystem in the spotlight at the FLII Ca&C event

Luxembourg was the guest country at this year’s edition of FLII Ca&C (Foro Latinoamericano de inversion de impacto en Centroamerica y el Caribe) which was held in Guatemala from 7 to 10 November. This was an opportunity to present the Grand Duchy’s impact investment and sustainable finance ecosystem to a Central American and Caribbean audience with a delegation of Luxembourgish organisations who are active in the region. 

Close collaboration amongst Luxembourgish sustainable finance actors

The Luxembourgish impact investment and sustainable finance sector is uniquely diverse in terms of participants which range from impact investment funds and private fintech companies to governmental agencies and NGOs. The close collaboration between these actors could serve as a blueprint for developing other impact investment hubs around the world. 

Paul Weber from the Luxembourg Development Cooperation explained: “For more than 25 years, the Luxembourg Development Cooperation has been actively supporting the development of inclusive and innovative finance to increase resilience and to promote economic development, inclusive growth and the socio-economic inclusion of women and young people. Today, inclusive finance is an integral part of our diverse sustainable finance sector, which includes responsible investment funds, blended finance vehicles, innovative fintech companies, a labelling agency and a green bond exchange.”

Image

Key impact investment event in Central America and the Caribbean

FLII Ca&C not only presented an opportunity to deepen the relationship between the Luxembourgish and Central American impact investing and sustainable finance sectors, it also enabled the individual participants of the delegation to network and to explore business opportunities and partnerships.

The concept of organising and coordinating an official delegation proved so successful that it might be replicated at similar upcoming impact investment events around the world. This would enable a holistic promotion of the Luxembourgish impact investing and sustainable finance ecosystem under the auspices of the Luxembourg Cooperation.

FLII Ca&C is organised annually by Alterna and is the biggest impact investment and sustainable finance event in Central America and the Caribbean with over 950 participants from 31 countries. Since impact-oriented SME financing was a key topic of the event, Alterna invited many entrepreneurs to share their practical experience and lessons learned. In total, 180 impact entrepreneurs were introduced to over 110 investors from 70 international investment funds.