Sweden passed laws requiring the nation to achieve net-zero emissions by 2045, five years earlier than originally anticipated. The new Climate Act, which is more ambitious than Sweden’s commitments under the Paris Climate Change Agreement, was approved by parliament with a resounding majority vote.
By 2045, Sweden wants to have negative emissions and net zero emissions of greenhouse gasses into the environment. Negative emissions refer to greenhouse gas emissions that are lower than, for instance, the quantity of carbon dioxide absorbed by the environment or the emissions that Sweden contributes to the reduction of internationally by funding various climate programs.
The new Climate Act is a component of Sweden’s new framework for addressing climate change, which also includes proposals for a climate policy council and climate goals. The legislation will create the long-term framework necessary for society and business to make the shift required to address the problem of climate change.