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Following the Luxembourg Government’s Coalition Agreement 2023-2028, the LSFI has defined its strategy for the next 5 years: The Strategy 2030 outlines a vision for how the LSFI will drive progress on sustainable finance in Luxembourg and beyond, updating its missions and scope.
The LSFI’s role and mission is to be Luxembourg’s coordinating entity on sustainable finance, driving change across the whole ecosystem as a Centre of Excellence and Knowledge Hub, supporting the financial sector to accelerate the financing of the transition, and measuring progress.
As a Centre of Excellence and Knowledge Hub, the LSFI will build on the expertise and resources developed over the last four years, providing guidance and thought leadership to improve understanding and upskill the ecosystem. This will include coaching and action-oriented initiatives to help financial institutions navigate this complex environment.
The LSFI will also work more closely with the financial sector. While the LSFI already engages with financial sector representatives through its regular current activities (Stakeholder Forum and Assembly, Working Groups, and Advisory Boards), it will now deepen these relationships by Building Expertise and leadership, Unlocking Potential and Mobilising the Financial Sector, and Measuring and Communicating Progress.
To achieve its objectives and mission, the LSFI will operate across three updated strategic pillars:
- Building Expertise & Leadership: This pillar focuses on enhancing understanding of sustainable finance topics and providing upskilling, coaching, and insights to financial institutions, policymakers, and other stakeholders. The LSFI aims to act as a Centre of Excellence and Knowledge Hub for Luxembourg, sharing insights on emerging trends and best practices and fostering knowledge across the ecosystem.
- Unlocking Potential & Mobilising the Financial Sector: Recognising the critical role of the financial sector in driving sustainable finance, this pillar emphasises collaboration and innovation. The LSFI will seek opportunities for public and private organisations to work together, facilitating the development of new sustainable finance solutions, innovation, impact investing initiatives, and increasing capital mobilisation.
- Measuring & Communicating Progress: This pillar reflects the importance of data in enabling Luxembourg to measure progress towards sustainability. The LSFI will aim to leverage data to provide the ecosystem with high-quality analysis and insights, tracking sustainable finance progress over time and communicating it effectively.
Find out more about LFSI and Luxembourg Sustainable Finance Strategy 2030: