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Policies to Support Green Entrepreneurship

Building a Hub for Green Entrepreneurship in Denmark

image of Policies to Support Green Entrepreneurship

Combatting climate change is among the most critical issues on the global policy agenda. The transition towards a greener economy will require a pivot towards more sustainable production processes and consumption patterns. Entrepreneurs have the potential to be a major driving force behind this effort through their capacity to develop and propagate innovative green solutions. To unlock this potential, it is crucial for policy makers to implement appropriate policies and measures that enable green entrepreneurs to thrive. This report identifies lessons from international policy practices in stimulating and supporting green entrepreneurship from three case study countries – Canada, Germany and Israel – to inform Denmark about effective policy practices and pitfalls to avoid as it implements initiatives to strengthen its green transition. Recommendations are offered across a number of areas such as promoting greater co-ordination between relevant policy actors, strengthening specialised support for green entrepreneurs and building green markets.

English

Green entrepreneurship in Denmark: assessment and policy recommendations

Denmark has the foundations to build a robust and fruitful green entrepreneurship ecosystem, namely an environmentally-conscious population, a world-leading research base in environmental fields, an ambitious climate agenda and a proven track record in lowering greenhouse gas emissions. These foundations are bolstered by the plethora of policy instruments that are available to support the formation and growth of green entrepreneurial ventures through the provision of loans, grants and investment, access to networks and a range of other measures. Despite this potential, Denmark lags behind other OECD countries in certain areas, most notably in the relative shortage of green entrepreneurs that successfully scale up. This chapter provides an overview of green entrepreneurship in Denmark, examining the opportunities, challenges and policy landscape and proposes policy actions to strengthen support for green entrepreneurship.

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