The Luxembourg Green Exchange, also known as LGX, goes live Tuesday. It intends to act as a gatekeeper for green bonds and other environmentally-focused financial instruments to help reduce ambiguity in the market.

It will oblige its issuers to provide “a full set of documentation that is readily available with pre and post reporting,” meaning that companies will have to disclose details about their project initially and also after it is complete, Chief Executive Officer Robert Scharfe, said by phone.

Read the Bloomberg article

Photo Credit: Flickr / mariusz kluzniak