News & Benchmarks


Étienne Schneider presents Rifkin strategic study to the European Committee of the Regions in Brussels

As of 7 February 2017, the European Commission, represented by its Vice-President Maroš Šefčovič, and the European Committee of the Regions, represented by its President Markku Markkula, held a high-level seminar on the implementation of the third industrial revolution through smart cities and regions.

At the seminar, Jeremy Rifkin outlined his concept of the third industrial revolution based on the principle of powerful dynamics driven by the interaction of new information and communication technologies, renewable energies and smart mobility. The American economist and prospectivist pointed out that Luxembourg was the first country to implement a strategic study of the third industrial revolution at a national level and that more than 300 people had been involved in this process of vital importance to Europe.

"It is essential that Europe should always take new steps forward, otherwise it will retreat. The third industrial revolution is the next step in the journey of Europe and it will lead to a smart Europe,” said Jeremy Rifkin.

Deputy Prime Minister and Minister of the Economy, Étienne Schneider, shared with the audience the Luxembourg experience of the third industrial revolution process by setting out the genesis and future impact of the strategic study. This has also encouraged other Member States to follow the example of Luxembourg.

Étienne Schneider said: "In view of the economic and social transformations we are experiencing, and the fact that a model based on fossil energies is not sustainable, we are well aware that a new mutation is underway. This is why our government wanted to develop a new vision for the country – to ensure its long-term prosperity. Luxembourg wants to be a forerunner within the European Union as a smart nation and also to encourage other regions and countries to follow the path of the third industrial revolution. "

Minister Schneider’s speech was followed by an interactive discussion which demonstrated that the implementation of the strategic study of the third industrial revolution in Luxembourg has aroused strong interest on the part of the members of the European Committee of the Regions, who are representatives of the local and regional authorities of the European Union.

Communicated by the Ministry of the Economy