Discover how Luxembourg is becoming one of Europe’s most competitively sustainable economies and a world-leading centre for Green finance.
Background
Come and meet us during the Abu Dhabi Sustainability Week (ADSW), a series of onsite and virtual events focused on renewable energy, innovation and sustainable finance.
As one of the region’s largest sustainable development gatherings, 2020 hosted around 45,000 attendees from 170 countries, the ADSW brings together a unique body of policy makers, industry experts, technology pioneers and the next generation of sustainability leaders. Through its initiatives and events, the ADSW helps to foster knowledge sharing, strategy implementation, and the provision of solutions to drive human progress.
More about Luxembourg
Becoming Europe’s most trusted data economy
Renowned as a digital forerunner for decades, Luxembourg is investing in becoming Europe’s most trusted data economy. Capitalising on its digital infrastructure, which is already outstanding in terms of connectivity, cybersecurity expertise and secure data storage capacities, the country has recently inaugurated a unique, business-oriented high performance computer – one of several other public and private initiatives to help businesses innovate and grow nationally and internationally.
A competitively sustainable economy
Luxembourg is the first EU member state to combine its ambition to play a leading role in the digital revolution with the goal of climate neutrality in a single strategy. Being successful does not only mean achieving economic benefits today – it also means taking care of our society and planet, today and tomorrow. Luxembourg is firmly committed to supporting an economy that is both internationally competitive and long-term sustainable.
Luxembourg is one of the world’s leading centres for green finance. A national strategy for the circular economy was adopted by the government in early 2021, with the objective of accelerating the implementation of the circular economy and positioning the country internationally as a centre of expertise in the field.
Product Circularity Data Sheet initiative
The Luxembourg initiative Product Circularity Data Sheet (PCDS) combines the country’s expertise in data with its ambition to foster circularity and sustainability. Launched by the Ministry of the Economy in 2018, the PCDS initiative is aimed at developing an international industry standard that provides a regulated framework for circular data on products and the type of end of use cycle for which they have been designed: reuse, repair, recycling or use as a material bank for new products.
The data sheets provide information about products’ circular characteristics throughout the whole value chain, from raw materials to finished products and from the use phase to re-usage and recycling. They offer a simple way for companies to provide relevant, reliable information without obliging companies to reveal any trade secrets. ISO has just decided to make the PCDS a future ISO / NP 59040 standard – a major step forward towards becoming an internationally recognised standard.
Luxembourg at a glance
Hear more from Luxembourg experts during the event:
Dr. Christian Tock, Deputy Director General Industry, New Technologies and Research at the Luxembourg Ministry of the Economy and international specialist in the circular economy will be sharing his expertise as follows:
- World Future Energy Summit – at the Abu Dhabi National Exhibition Centre
Monday 17 January at 15.30 h
Panel Discussion – Expanding the role of climate-linked finance
Wednesday 19 January at 14.30 h
Panel Discussion – The role of materials and technologies in promoting building efficiency
- G-STIC Dubai, Dubai Exhibition Centre
Tuesday 18 January from 10.00 – 11.30 h – Break-out – 2A Suite and online
Circular and sustainable construction from an international perspective
- The Benelux Business Council in collaboration with the Embassy of the Kingdom of the Netherlands have the pleasure to invite you to a special Sustainability Breakfast Session on the Circular Economy entitled: Circular economy: the solution for a more sustainable world.
Time: 19 January 2022 from 08:30 – 10:30 h
Location: Pearl Rotana Capital Center
During the session, you will be able to listen to
-Mr Georges Schaaf, Head of international Business Development CleanTech at Luxinnovation, Luxembourg’s Innovation Agency who will focus on Luxembourg’s initiatives and plans in Cleantech and the circular economy
-Mr Freek van Eijk, Managing Director Holland Circular Hotspot and co-chair of ECESP (European Circular Economy Stakeholder Platform) who will talk about “The circular economy as our secret weapon for achieving our climate and sustainable development goals”. Opportunities in the Gulf region based on Dutch and EU experiences
Fee: AED 170 for BBC members / AED 200 for non-members
Explore business opportunities with the Luxembourg delegation
A delegation of over 30 Luxembourg Cleantech companies will be visiting Abu Dhabi during the ADSW, taking part in a Sustainability mission organised by the Luxembourg Chamber of Commerce. To find out more, to meet the companies and to engage in B2B matchmaking activities from 23 – 25 January, please visit the Luxembourg Chamber of Commerce website.
If you would like to learn more or discuss anything further, our team in the Luxembourg Trade & Invest office in Abu Dhabi would be delighted to help.
Meet out team on the ground in Abu Dhabi
During the 6 month duration of the world expo and beyond, our team in the Luxembourg Trade & Investment office in Abu Dhabi is there to help. The team in Abu Dhabi can assist you with the expansion of your business to Luxembourg and your entrance into the European markets. The team also facilitates trade between Luxembourg and the Gulf region and supports Luxembourg-based businesses in the establishment and development of their activities on the Gulf region markets.