What has happened so far
Luxembourg has already started its move to a Circular Economy
The implementation of a circular economy in Luxembourg is based on solid foundations, built up over the last ten years through studies, strategies and pilot projects. Initiatives such as the study "Luxembourg as a knowledge capital and testing ground for the circular economy" (2014), the "Third Industrial Revolution"(2016), the "Null Offall" strategy (2020) and the National Energy and Climate Plan (NECP) have laid the foundations for this transition.
These efforts have given rise to a number of concrete projects in several sectors. In housing, projects such as Elmen or the Wunne mat der Wolz development in Wiltz and Néi Schmelz in Dudelange incorporate the principles of circularity, with sustainable and certified construction.
The Product Circularity Data Sheet, promoted by G.I.E TerraMatters, supports innovation and standardisation.
The financial sector, meanwhile, is playing a key role with instruments such as the International Climate Finance Accelerator, a framework for sustainable bonds and tax incentives for sustainable funds. These actions, supported by the Luxembourg Sustainable Finance Initiative, reinforce the country's position as a pioneer of a sustainable financial economy.
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