How French Tech Is Embracing the Ecological Transition

How French Tech Is Embracing the Ecological Transition

Have you heard of Green Tech? Here is everything you need to know about startups driving the ecological transition!

The Ecological Transition, the French Government program that helps businesses and local authorities change the way they operate and adapt to environmental challenges, is gaining momentum. Young companies are also becoming more involved in these issues.

In this article, find out how French Tech startups are embracing the Ecological Transition.

France's Ecological Transition goals

The French government's ecological transition takes shape in two major programs: the Climate Action Plan and the France 2030 Investment Plan.

The Climate Action Plan, dating from 2021, is the roadmap for the ecological transition of the economic sector. Its goal is to reduce greenhouse gas emissions while maintaining industrial activity and French competitiveness.  

The France 2030 Investment Plan, which follows the France Relance recovery plan, aims to create new industrial and technology sectors and help France catch up in certain areas.

Young decarbonization company

Green Tech companies

GreenTech is a French sector that brings together companies whose business is based on developing innovative projects for the environment and the fight against global warming.  

GreenTech refers in particular to Green IT, the actions taken to reduce the environmental impact of digital tools.

France has 1,800 GreenTech startups, making it the fourth-largest country in the sector in Europe.

Sectors within GreenTech

GreenTech is made up of six main areas of expertise that help reduce CO2 emissions and adapt to a lifestyle with less impact on the environment.

- 25% of companies work in the new energy sector

- 23% in green energy

- 20% in ecosystem conservation and environmental transition

- 13% in agriculture and agri-food

- 13% in clean mobility

- 6% in sustainable construction.

French Tech's goals for the Ecological Transition

French Tech, the ecosystem that brings together startups, investors, decision-makers and community builders, aims to make France attractive to new companies and entrepreneurs.

One of French Tech's missions is to contribute to the ecological transition by supporting startups with projects that benefit the environment. GreenTech startups already account for 12% of the French Tech 120, the support program dedicated to late-stage French startups.

GreenTech and VivaTech

At VivaTech 2022, the largest trade show for tech companies, Green Tech was in the spotlight. French Tech took advantage of the event to announce the French Tech Green20 program.  
Its goal is to support high-potential young companies that address ecological challenges. The priority areas include those set out in the France 2030 Investment Plan: decarbonizing industry, producing low-carbon hydrogen, manufacturing electric vehicles, and more.

The support offered by French Tech covers several areas, including regulation, financing and recruitment. GreenTech companies have already created 60,000 jobs in France.

French companies with environmental activities

Accelerate your company's ecological transition

Whatever your industry, you face ecological transition challenges. Whether they are driven by legislative, tax or recruitment reasons, or by competitiveness, your company needs to meet the expectations of various stakeholders.

Leasetic helps you achieve your ecological transition goals while reducing your costs. To do this, we rely on three key principles: finance, use and revalue!  

Contact one of our experts now for support with your ecological transition!

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