Lifecycle
- Effective
- Last change
Country / jurisdiction: Sweden · Year: 2021 · Status: In force · Level: National · Type: Voluntary
Second component of the green recovery measures of Sweden's recovery and resilience plan. To provide support for specific investments to reduce greenhouse gas emissions in the industry sector.
Measures that are eligible for support are measures that reduce greenhouse gas emissions which are directly or indirectly linked to industrial processes, negative emissions through capture, transport and geological storage of greenhouse gases of biogenic origin or taken outside the atmosphere (CCS).
In 2021, the program was expanded to finance measures that contribute to reducing greenhouse gas emissions that have an indirect connection with industry processes and other strategically important initiatives in industry that contributes to climate change in the rest of society.
Historically, applications for support from industrial companies have been focused on production of iron and steel, cement, pulp and paper, chemicals, refineries, electricity and heat. Since the broadening in 2021, applications for support can also apply to e.g. strategically important initiatives such as hydrogen production, battery production for electric cars, recycling facilities for plastics and biorefineries.
The purpose of Industriklivet is to support the industry to change and contribute to net zero emissions in society 2045. By 2025, the estimated potential long-term emission reduction is 10 million tonnes of carbon dioxide per year. The target is calculated on potential emission reductions based on approved projects during the period 2021–2025.
Source
https://www.iea.org/policies/13702Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.