Business opportunities
Business opportunities and key sectors for the circular economy in LuxembourgThe circular economy offers all businesses efficiency gains, revenue opportunities and greater sustainability. In a context of increasing responsibility, committing to this model is becoming crucial.
Creative, enthusiastic entrepreneurship will be needed if we are to implement a Circular Economy here in Luxembourg. Both companies from Luxembourg as well as international businesses and investors can contribute to the success story.
Thus, six priority sectors have been identified.
Construction
High-impact sector: consumption of resources and CO₂ emissions.
Levers: natural materials, Product Circularity Data Sheet, materials passports, reuse of construction elements.
Education
Training in and awareness of circular principles, from school through to university and vocational training.
Integration into technical, social, legal and IT courses.
Finance
As a stronghold of green finance, Luxembourg can innovate with tailored services: venture capital, insurance products, circular banking solutions.
Food and bio-sourced materials
Sustainable agriculture, natural materials and renewable energy from organic waste.
Opportunities in urban farms and local crops.
Industry
Reducing raw materials and costs.
Tools such as the Product Circular Data Sheet, pooling of resources and the ‘product as a service’ model.
Retail
Combating waste through labels, recycled goods platforms, access to spare parts and development of associated services.
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