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Third Industrial Revolution Consulting Group<br />

Information Box: The Luxembourg Sustainable Development Finance Platform – Key Characteristics<br />

Preliminary remark on the legal form of the LSDFP:<br />

A proper analysis on the optimal legal structure for the platform needs to be carried out. Regardless of the<br />

legal form, the LSDFP is to be established in the spirit of a Public Private Partnership (PPP). Availabe legal<br />

forms include the “classic” non-for-profit organization forms of asbl (“association sans but lucratif”) or<br />

Foundation.<br />

The new legal form of “société d’impact societal” (SIS; legislation pending) may also be considered for the<br />

establishment of the LSDFP. However, in deciding the legal form of the LSDFP, at least two (to some extent<br />

contradictory) aspects must be taken into consideration:<br />

<br />

<br />

The status of SIS will probably to be bestowed through ministerial accreditation on commercial<br />

companies (S.A., Sàrl, Sociétés en commandite...) and not on not-for-profit organisations (i.e.<br />

asbl).<br />

The SIS may very well be the status that best embodies the spirit of a PPP underlying the concept<br />

of the match-making platform between project promoters and investors, both from the public<br />

and the private sector.<br />

Main characteritics of LSDFP:<br />

<br />

<br />

<br />

<br />

LSDFP serves a public mission, i.e. providing sustainable financing for sustainable development.<br />

The objective of this public mission justifies public seed funding for financial risk mitigation and<br />

technical assistance.<br />

The implementation of the public mission requires financial and non-financial input from private<br />

sector actors.<br />

A commercial perspective motivates long term engagement of private sector actors.<br />

Private sector actors respect the spirit of the initial public mission.<br />

LSDFP is established and works as an interface between financial contributors in search of investable<br />

projects, on the one hand, and promoters of investable projects, on the other hand. It provides financial<br />

contributors access to investable projects in the economic, social and environmental sectors relevant to<br />

sustainable development.<br />

LSDFP launches calls for project proposals in the sectors of sustainable development, including TIR related<br />

project proposals. It provides project promoters access to financial contributors and adapted financial<br />

instruments.<br />

LSDFF proactively reaches out to potential financial contributors and compiles investment proposals and<br />

adapted investment instruments and makes them available to project promoters.<br />

Luxembourg Sustainable Development Finance Platform (LSDFP) further details on:<br />

<br />

People (Stakeholders)<br />

o<br />

LSDFP is established and works as an interface between:<br />

• International and domestic financial contributors/investors (public, private,<br />

institutional) and Intermediate Financial Advisors (IFA) in search of investable<br />

projects, and<br />

• Promoters of investable projects, including in TIR related sectors.<br />

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