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Clean Tech

In 2016, the global clean tech sector reached a market size of USD 3.78 trillion representing about 5% of global GDP. Lebanon presents many opportunities to invest and grow the use of clean technology across various industries due to the presence of natural resources.

 

KEY FACTS AND FIGURES:

 

  • Lebanon is contributing to 0.06% of global GHG emissions.
  • Greenhouse Gas (GHG) emissions increased at a rate of 229% from 1990 to 2012.
  • The energy sector is the largest emitter of GHG emissions in Lebanon.

 

 COMPETITIVE ADVANTAGES:

 

  • Highly skilled and multi-lingual labor force: Lebanon ranks 18th worldwide for the Quality of its higher Educational System and 4th for the quality its Math and Sciences Education.
  • Competitive labor cost: the average wage of software engineers is 27% less than in the GCC and 55% less than in selected developed economies.
  • Booming regional market for Tech services: Lebanon’s strategic position allows it to serve expanding markets. In 2016, high technology exports USD 32 million.
  • A flourishing scientific community: more than 5 public institutions working on environmental research and issues and more than 16 environmental centers and institutes spread across 5 universities.
  • Rising regional demand for clean tech innovation: The launch of a sustainable energy program and renewable energy plan is a precedence for the MENA region due to the growing energy demand
  • A thriving supporting system: with the proliferation of incubators and business development centers and the increase of financial support by the government and international institutions.

 

INVESTMENT OPPORTUNITIES:

 

  • Water and Wastewater Management: main investment opportunities include monitoring, forecasts and process controls, organic nutrients and solids treatment, and metals or organics removal/recovery.
  • Agriculture Sector: Investing in biotechnology and precision agriculture via hardware and software applications induce to a 20% increase on yields.
  • Solid Waste Management: more than 40 recycling centers and hubs are operating in Lebanon, contributing to the development of the industry.
  • Transportation: fuel efficient vehicles present considerable saving opportunities of energy consumption and CO2 emissions, ranging from 30 to 60%.
  • Energy: Investment opportunities comprise energy optimization solutions, hydropower, PC and CSP solar power, biomass and wind power.
CLEAN TECH FACT BOOK 2018
Get in Touch
Lazarieh Tower, 4th Floor, Emir Bechir Street, Riad El-Solh Beirut, Lebanon, P.O.Box 113-7251
Phone
+961 1 983306
Fax
+961 1 983302