Just Transition Platform project fiche : Green Tech Valley : a regional cluster that fuels innovation in the cleantech sector : Austria, Styria & Carinthia

The Green Tech Valley started already in 2005 with the aim of establishing a location for innovative green tech businesses that are able to be globally competitive. Since then, the valley grew significantly and now hosts around 300 companies and research organisations in the fields of biomass, solar power, hydropower and recycling. The project was able to create jobs for the region and contributed to the regional economic growth. The companies located in the valley show rapid growth, compared to the global average in these sectors. Support for the resident companies is provided by the Green Tech Valley Cluster organisation which organises matchmaking (with other enterprises but also R&D organisations/institutes), develops joint industrial innovation projects, and promotes the developed innovations on various channels. Besides that, the cluster organisation itself works climate-neutrally since its establishment and the valley aims to reduce its CO2 emissions by 75 % compared to 2013. The valley was awarded the REGIOSTARS Awards twice - one in 2012 (Smart Growth) and again as nominee in the 15th anniversary edition 2022.