Luxembourg's Development Cooperation and its partners
Luxembourg’s foreign policy attaches particular importance to the multilateralism system in the context of its development cooperation policy. Multilateral cooperation consists mainly of the monitoring of partnerships between Luxembourg Development Cooperation and multilateral organisations, and specifically the United Nations and international institutions based mainly in New York, Geneva, Vienna, Rome and Washington D.C.
Inclusive finance, Private sector, Digital4Development
Luxembourg is recognised globally for its progressive financial ecosystem, thanks to its role as a sustainable finance hub and, as such, as a leader for inclusive and innovative finance. For more than 25 years, Luxembourg Development Cooperation has been actively supporting the development of microfinance and inclusive finance to reduce global poverty, in order to promote economic development, inclusive growth and the socio-economic inclusion of women and young people.
ATTF / House of Training
Together with the Ministry of Finance, Luxembourg Development Cooperation signed a new agreement with the House of Training for the establishment of training courses run by the Financial Technology Transfer Agency (ATTF) in the partner countries. Some 40 countries are taking advantage of these training courses, which target the local financial sectors.