Minister's Foreword
Gilles Roth Minister of Finance, Chairman of LFF
In an increasingly unpredictable world, Luxembourg offers something rare and essential: stability. This has long been one of our country’s defining strengths, and it continues to make Luxembourg an attractive place to do business, innovate, and invest. As we look to the future, this foundation of stability will be critical in addressing the challenges and opportunities of the years ahead.
Luxembourg has also been a country of transformation. Over the years, we have successfully transitioned from steel to satellites, and today we stand as a leading global financial centre. But we are not content to rest on past achievements. Our financial sector is evolving again, moving from operational and administrative roles toward higher-value, more strategic activities that bring greater expertise and impact. This shift reflects our ambition to continue climbing the value chain, offering services that deliver real benefits to clients and society.
At the same time, the world is facing major challenges that demand action. Sustainability is at the core of our response. Luxembourg has long been a pioneer in green and sustainable finance, from launching the first platform for green bonds to becoming a leader in climate-focused investment funds. But the journey does not end here. With Luxembourg for Finance’s Ambitions 2030, we outline how our financial centre aims to scale up these efforts, helping to finance the transition to a low-carbon economy and ensuring that sustainability delivers tangible benefits for people, not just in Luxembourg but around the globe.
Innovation is equally important. Advances in technology are transforming financial services, and Luxembourg must be at the forefront of this change. By fostering a thriving fintech ecosystem and embracing tools like artificial intelligence and blockchain, we will ensure that our financial centre remains competitive and future-proof. These innovations create efficiencies and open up new opportunities for growth, inclusion, stability, and safety.
Europe, too, is at a critical juncture. With wars in our periphery, and strains on our competitiveness in the global economy, the European Union must act. Our regulatory landscape must maintain stability and transparency while nurturing innovation and competitiveness. Luxembourg’s financial centre plays a vital role here: in funding new ideas, supporting startups, and helping businesses scale. In doing so, we not only strengthen Europe’s position globally but also contribute to its long-term resilience.
As geopolitical tensions rise, Luxembourg’s role as a stable and reliable partner is more important than ever. But stability is more than a strength: it is a responsibility. Luxembourg’s financial centre must continue to serve as a force for good, enabling cooperation and creating solutions that address the challenges of our time.
Ultimately, finance is about more than numbers. It supports job creation, public services, strengthens communities, and improves quality of life. It is a tool to drive progress, both economically and socially. Luxembourg for Finance’s Ambitions 2030 paper reflects this vision, showing how our financial centre can deliver sustainable growth, foster innovation, and make a meaningful difference in people’s lives.
Together, we can ensure that Luxembourg remains a global leader in finance and a trusted partner in building a brighter, more resilient future.