Ambitious climate goals for Luxembourg
Businesses move at their own pace in the energy transition. Whereas large corporations have internal resources to work on environmental issues, SMEs are often less equipped for the challenges that lie ahead. And there are many.
In its climate act of December 2020, the government set clear goals for reducing greenhouse gas emissions nationally.
Every one of the country’s businesses has been asked to work towards a more environmentally friendly low carbon economy. More specifically, six industries will be asked to contribute towards a 55% reduction in emissions by 2030 compared with 2005:
- energy & manufacturing;
- residential and commercial buildings;
- agriculture and forestry;
- waste and wastewater management.