Business Chief Europe - September 2018

Page 59

Currency

Krone 613,000 Population

Nearest airport

11km

Copenhagen Airport

GREENER, SMARTER INDUSTRY As the country erects windfarms and promotes energy efficiency, Denmark has vowed to become fully independent of fossil fuels by 2050. Meanwhile, Copenhagen is also moving rapidly toward a zero-carbon future of its own, aiming to be the world’s first carbon-neutral capital by 2025. To realise this ambitious vision, Copenhagen has become a so-called ‘living lab’ for cleantech and smart city technologies. Today, wind power accounts for more than 30% of the total power consumption in the country, and this is expected to increase to 50% by 2020. Indeed, the world’s largest wind turbine company, Vestas Wind Systems, is in fact a Danish company which generated a whopping €10bn ($11.6bn) in revenue in 2017. As a result of this sustainable approach, 10% of Denmark’s industrial employees are in green jobs,

Click to watch: ‘General Copenhagen’

making it one of the world’s leading countries for green investments.

e u r o p e . b u s i n e s s c h i e f. c o m

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