4. Luxinnovation : a private-public partnership
4
CHAMBER
OF COMMERCE
CHAMBRE
DES METIERS
FEDIL
BUSINESS
FEDERATION
LUXEMBOURG
MINISTRY
OF HIGHER EDUCATION
AND RESEARCH
MINISTRY
OF THE ECONOMY
5. LUXINNOVATION services
5
3
main services
Access to
public grants
> National
> European
Sector
development
Entrepreneurship
Support
> Start-up creation
> SME Performance
• INNOVATION MANAGEMENT
• DESIGN AND CREATIVITY
• TECHNOLOGY TRANSFER
• H2020 / NCP
9. Circular Economy
A circular economy is an
alternative to a traditional
linear economy (= make,
use, waste) in which we
keep resources in use for
as long as possible,
extract the maximum value
from them whilst in use,
then recover and
regenerate products and
materials at the end of
each service life.
9
Biological Cycle
Consumption Products
Biosphere Technosphere
Technical Cycle
Service Products
11. 11
• Decoupling growth from resource consumption
• Growing and consuming, but with a fixed or renewable stock of
materials
• Conception for disassembling, return, reuse, repair, refurbish,...
• “Sell services, not products.”
• Material banking
• It is a global and cross-sector approach
• Product responsibility stays with the manufacturer
• Replace raw material costs with labour costs
• Products are stocks of well defined reusable materials
• It is not about a perfect circle
Circular Economy - Key messages
12. 12
Circular Economy - Potential
• Generate €300 million to €1 billion EUR
annual net-material cost savings
• 2.200 jobs especially for young unemployed
in the next years if robustly applied in the
construction, automotive, manufacturing,
financial, logistics, R&D, and administrative
sectors.
• Being less independent on the financial
sector.
13. Circular Economy - Action plan examples
• EcoBusinessParc
• Construction & excavation waste program
• Residential Building Pilot
• Database on material flow
• Reverse logistics
• CE Finance initiative (KPMG)
• LCA / balance sheet
• ECEN / European Circular Economy Network
• Fit4Circularity
13
19. ……, Keep in mind
Circular Economy
Clear strategy
Strong network
Positive impact for the sector and the companies
through integrated economy solutions
Business opportunities
(national and international)
19
Luxembourg EcoInnovation Cluster
20. The Luxembourg EcoInnovation Cluster is powered by:
www.ecoinnovationcluster.lu
LUXINNOVATION benefits
from the support of:
Marcel Klesen
Head of Energy an Environment Sector
Manager Luxembourg EcoInnovation Cluster
LUXINNOVATION GIE
5, avenue des Hauts-Fourneaux
L-4362 Esch-sur-Alzette
T (+352) 43 62 63 - 651
M (+352) 621 348 057
marcel.klesen@luxinnovation.lu
20
Thank you!
Questions and answers