Budget 2021 - Reduce carbon emissions

Last updated: 8 July 2021

The Swedish Government has set out several emissions reduction initiatives in the 2021 budget, including funding to reduce carbon emissions, including a focus on industrial emissions, with a budget of SEK 1.86 billion in 2021, SEK 1.14 billion in 2022 and SEK 0.52 billion in 2023     

By means of the green credit guarantees, the government intends to promote major industrial investments that contribute to achieving environmental and climate goals. The cross-sectoral Climate Leap programme will be extended and the Green Industry Leap programme will be developed and broadened to allow more investments to reduce industrial emissions and contribute to the transition to a fossil-free and circular society.

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