A pioneer of clean and green
Stockholm is one of the world’s leading tech startup cities and one of Europe’s fastest growing cities. Add the region’s tradition of tackling environmental issues and the fact that Stockholm is decreasing emissions at the same time, and you get the foundation for one of Europe’s most vibrant cleantech clusters.
The reasons behind the success of the Stockholm cleantech sector are often cited as: integrated and holistic city planning, close ties between public institutions and private enterprise in combination with stringent regulation. An example of the latter is Stockholm’s official target to make the region CO2 free by 2040 (previously 2050). This drives a dynamic market for alternative fuels and renewable energy. Stockholm is where tech meets sustainability – and the city manages to grow its GDP and decrease emissions at the same time.
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Key Investment Opportunities
Stockholm Royal Seaport
Among many other cleantech innovations, Stockholm Royal Seaport will be the first city district in the world to feature full-scale smart grids, provided by the power and automation company ABB, in collaboration with energy company Fortum. The new district is of course open to potential foreign capital, technologies and know-how.
Sustainable Järva is a pilot project testing different renovation methods for energy-inefficient, public housing blocks built during the 1960s and 70s. Among the project’s goals are to halve energy consumption and install 10,000 m2 of solar panels, creating the largest display of solar power in Scandinavia.
High Voltage Valley
HVV is an arena to develop tomorrow's technology and enterprise in electric power engineering. Working closely with industry giant ABB and research institutions such as the Royal Institute of Technology, Uppsala University and Chalmers University of Technology, activities revolve around electric power engineering and power transmission technology.
Hammarby Sjöstad and HS2020
Stockholm’s much-publicised sustainable city concept, Hammarby Sjöstad, has become a role model for urban development projects all around the world. The citizen’s initiative HS2020 mobilizes resources from across society and engages businesses to further develop this green city district.
Hammarby Sjöstadsverk is a platform for development and exchange of knowledge and technologies in water treatment, and related environmental technology that promotes cooperation among companies, experts, researchers and municipal sewage works.
The industrial district of Högdalen is a new centre for clean energy technology built around Fortum’s CHP plant – one of the most modern in Europe. The aim is to attract domestic and international businesses that are at the forefront of cleantech. Both local and international venture capitalists are present, as well as incubators for innovative startups.
A recycled city
In Stockholm 98% of household waste is recycled.
Europe´s greenest capital
Stockholm was the first city ever to be designated the European Green Capital in 2010.
Carbon dioxide free by 2040
The vision for Stockholm is to become a fossil fuel free city by 2040.
Hammarby Sjöstad is one of the world's highest profile examples of Sustainable City Development.
Stockholm firms among world’s most sustainable
Stockholm is known for its tech startups, but its businesses also lead global rankings when it comes to their green credentials. For the fifth year running, home appliances maker Electrolux has been named the world’s most sustainable company.
10 new companies on the Stockholm Cleantech Hotlist
Last year, a unique "hotlist" of green technology companies was created in a move to make it easier for foreign investors to find partners in the Stockholm region. Now, more names have been added to the popular list.
Stockholm Royal Seaport awarded for best sustainable community
The City of Stockholm and Royal Seaport (Norra Djurgårdsstaden) have been awarded the 3rd Annual C40 Cities Awards, for best sustainable urban development project in the category “sustainable communities”.