8 Ways To Make Luxembourg An Eco-Innovation Leader

Luxembourg’s Chamber of Commerce wants the country to be a eco-innovation leader. In a recent strategy blueprint, it set the goal for Luxembourg to become the top 3 in Europe in terms of environmental technologies by 2030. 

To hit this goal, it needs to contribute more to environment-related technologies, boosting output from 0.04% of all new inventions to 01. or even .15% by 2030, the report finds. 

What is more, the country must position itself as a “partner of choice for other economies in their ecological transition, via showcases presenting its eco-innovative solutions.”

Luxembourg has set ambitious environmental objectives, positioning itself as a centre for green finance and transforming its wastewater and material waste management 

Yet, according to a 2020 performance review by the Organisation for Economic Cooperation and Development (OECD), it remains one of the most carbon and material-intensive economies in the OECD. The report highlighted the problems of air pollution, congestion, urban sprawl, landscape fragmentation and agricultural pressures on biodiversity. 

“This would result in a significant increase in the number of companies and jobs in the eco-technology sector”

Luxembourg chamber of commerce

How can tech help?

Following its competitiveness workshop project dedicated to environmental innovation, hosted in February 2022, the chamber of commerce has drawn up a list of 30 proposals, grouped under eight key recommendations:

  • Build a national demonstrator of emerging eco-technologies, a place of experimentation accessible to all economic and research actors;
  • Carry out a 360° mapping of the eco-innovation ecosystem and skills;
  • Stimulate individual and collaborative eco-innovative solutions via a mission-led approach;
  • Acting on the demand side via public procurement more focused on eco-innovation;
  • Designing showcases for Luxembourg’s environmental technologies;
  • Bringing together private and public actors within a Strategic Eco-Innovation Council;
  • Found an eco-innovators’ club and democratise environmental innovation;
  • Carry out a transversal pilot project on the monitoring of companies’ environmental data.

The chamber writes in a statement that these proposals aim to “develop environmental technologies in which Luxembourg could become a key player at the continental level. This would result in a significant increase in the number of companies and jobs in the eco-technology sector, the ecological transformation of a strengthened and more innovative industrial sector, as well as the success of Luxembourg as a true environmental laboratory at the heart of the European Union.”

The chamber will be responsible for implementing the initiatives with private and public sector support. 

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