Top 20 investors in North Africa and the Middle East that took part in the most funding rounds in E-Commerce Platforms industry over the recent years
08 May, 2021
The circular economy has become a government priority. Thus the “Strategy for a circular economy Luxembourg” has been jointly developed by the Ministry of Energy and Spatial Planning, the Ministry of the Economy, the Ministry of the Environment, Climate and Sustainable Development and the Ministry of Finance and presented on 8 February 2021.
The country offers an attractive economic environment for entrepreneurs who are looking to create value whilst reducing pollution, waste and energy consumption. The demand for innovative solutions is driven by building projects with a cradle-to-cradle approach and the on-going reconversion of brownfield sites into eco-friendly districts. There is also a clear focus on developing smart mobility and supporting developments in fields such as clean transportation, shared mobility and intelligent transport systems (ITS).
Luxembourg outperforms the other EU members states, reaching 1st place on the 2019 Eco-Innovation Index. Between 2017 and 2019, Luxembourg has seen the results of its work and exceeded the EU average in every indicator of the 2019 five-component index.
The Luxembourg Green Exchange is the world’s first and leading platform exclusively dedicated to sustainable securities, listing almost half of the world’s green bond volume and an estimated third of sustainable and social bonds. The independent and international Luxembourg Finance Labelling Agency (LuxFLAG) awards a recognisable Responsible Investment label to investment vehicles. Luxembourg has also developed a roadmap to establish a comprehensive and far-reaching sustainable finance strategy.
The top 33 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Western Europe that have invested over the last 3 years. They are actively investing in GreenTech and Recycling and Clean Energy industries.
Amount of money raised in GreenTech and Recycling and Clean Energy funding rounds is $635.2M, which is 0.3% of the total amount of money raised in rounds in Western Europe over the last 3 years.