Sustainability & Green Technology
The Green Technology and Sustainability sector is rapidly expanding, with projections indicating it will reach $61.92 billion by 2030, driven by a robust annual growth rate of 20.8%.
This growth is fuelled by increasing environmental awareness, evolving regulations, and technological advancements across industries.
Companies leverage cutting-edge technologies such as artificial intelligence, machine learning, and blockchain to enhance product efficiency and sustainability. Key trends include adopting renewable energy sources like solar and wind power and strongly focusing on energy-efficient practices. The shift towards circular economy principles transforms traditional business models by emphasising resource efficiency, waste reduction, and recycling.
Sustainable transportation solutions are also rising, with significant investments in electric vehicles (EVs) and alternative fuels. The expansion of EV infrastructure and incentives is accelerating this transition. Additionally, circular economy approaches are gaining traction, promoting sustainable production and consumption patterns. Heightened environmental concerns, supportive regulatory environments, and the economic advantages of sustainable practices shape the market dynamics. As consumer demand for eco-friendly products grows, businesses that align with these values are well-positioned to succeed.
The green technology and sustainability sector is poised for substantial growth, offering businesses opportunities to enhance their sustainability and leverage emerging innovations.
Did you know?
If a company derives income related to aviation is only resident but not incorporated in Malta, no Maltese tax is levied even if the aircraft is operated from Malta.
Accelerated rates of tax depreciation for added cash flow benefits.
A highly attractive VAT Scheme enabling reclaim of input VAT incurred.
If any income is subject to Maltese tax, the effective tax rate is generally lowered to 5%, being the lowest rate in Europe.
Fringe benefit exemptions.
Key Experts
