Luxembourg is a strong advocate for sustainable development, in economic, ecological and social terms with governmental policies aimed at facilitating the up-take of clean technologies and products.
An expanding sector
Luxembourg is home to a growing community of clean technology start-ups and SMEs. Their main fields of expertise include:
- Sustainable construction
- Energy transition
- Water and wastewater treatment
- Smart cities
- Smart mobility
- Circular economy
Cooperation between the private and public sectors is encouraged with research activities in environmental management, life-cycle assessment, clean technologies and process engineering, environmental modelling and the sustainable management of aquatic and terrestrial ecosystems.
Circular economy, smart cities, smart mobility: new opportunities
There are a wide array of new business opportunities for cleantech companies in Luxembourg. Facilitating the transition to a circular economy is a national priority. The demand for innovative solutions is driven by building projects with a cradle-to-cradle approach and the on-going reconversion of brownfield sites into eco-friendly districts. There is also a clear focus on developing smart mobility and supporting developments in fields such as clean transportation, shared mobility and intelligent transport systems (ITS).
Luxembourg: your ideal access point to the European cleantech market
Located in-between several of the main European markets, Luxembourg offers an excellent platform for targeting clients across the EU and setting up pilot installations and demonstration centres that are within easy reach for on-site visits.
International trade is greatly facilitated by Luxembourg’s stable and business-friendly environment. The highly skilled and multilingual workforce makes it easy to find staff able to communicate with your clients in their own language.
Sustainable finance hub
Luxembourg plays a pioneering role in using finance to meet sustainable goals. The Luxembourg Green Exchange is the world’s first and leading platform exclusively dedicated to sustainable securities, listing almost half of the world’s green bond volume and an estimated third of sustainable and social bonds. The independent and international Luxembourg Finance Labelling Agency (LuxFLAG) awards a recognisable Responsible Investment label to investment vehicles. Luxembourg has also developed a roadmap to establish a comprehensive and far-reaching sustainable finance strategy.
