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As per industrial reports, in Europe, Belgium is a growing sustainability market due to its citizens being environmentally conscious. The ambitious targets of reducing greenhouse gas emissions and a low-carbon economy are some of the important aspects set by the government.

The demand for renewable energy sources such as electric vehicles, and green buildings are increasingly leading to the growth of businesses in the sustainable energy and building sectors. The government is supporting the movement with various sustainable initiatives such as various grants and subsidies driving the growth of the market.

It is not just the government but also the Belgian consumers who are responsible for choosing products to buy from which companies such as organic food, reusable products, and sustainable clothing.

Some of the key aspects of the sustainability market in Belgium are:-

1. Renewable energy: A goal has been set to reach a share of 13% renewable energy by 2020, 30% by 2030, and 100% by 2050. Belgium is also investing in solar, wind, hydro, and biomass energy.
2. Energy efficiency: Various policies and programs have been implemented to increase energy efficiency in buildings, industry, and transportation to reduce greenhouse gas emissions.
3. Climate change: Various policies have been implemented to reduce the greenhouse gas emissions such as carbon pricing and emissions trading.
4. Sustainable cities: Belgium promotes the development of such cities with a focus on reducing greenhouse gas emissions, promoting energy efficiency, and improving the quality of life for citizens.

Source: brusselstimes, oecd