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Accelerating the Green Transition of Wallonia's SMEs: Perceived Current State, Barriers, and Strategies

(2024)

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PLATTEEUW_00071900_2024.pdf
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PLATTEEUW_00071900_2024_APPENDIX1.pdf
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Abstract
The European Commission has launched far-reaching regulations and support instruments on climate action, commonly known as the European Green Deal. Binding targets and deadlines are imposed on the member states, with 2030 being the first milestone toward carbon neutrality. Small and Medium-sized Enterprises (SMEs) constitute 95% of Wallonia’s businesses, and accelerating their green transition will be mission-critical to meet any of the targets imposed on Belgium and its regions. This thesis paper provides an in-the-field perspective on whether and how Wallonia’s SMEs currently undertake their green transition. Through interviews with SMEs, large companies and support instances, the paper examines whether SMEs are shifting to greener practices, how they perceive the progress made, any barriers they face, and the available support. Based on these field observations, the paper suggests strategies to accelerate the green transition of Wallonia’s SMEs.