At an EU summit during the corona pandemic, the historic decision was made to support the EU countries financially through a recovery fund. As a result of the pandemic, a pot of SEK 7,500 billion will be distributed, where SEK 3,500 billion will be distributed as grants and SEK 4,000 billion in the form of loans.
It is now clear that Sweden will be granted SEK 34 billion entirely in grants - and the largest investment, more specifically SEK 8 billion, will go directly to climate investments locally and regionally. This is due to the condition that a larger part of the Swedish money should go to climate measures, writes DN in an article.
– The planned measures are aimed at the sectors that have the largest emissions, such as energy, housing, industry and transport. I also commend the ambitions in the plan in the areas of digital transformation, health care, employment, education and the housing market, says EU Commission President Ursula von der Leyen according to DN.
Exceeds the requirements for climate measures
The EU's requirement for investments was that at least 20 percent should go to digitization and at least 37 percent to measures that support climate work. In Sweden's plan, the requirements for digitization are matched - but has chosen to invest 44 percent in sustainable purposes.
A first payment of SEK 10 billion is expected during the autumn and the contributions are estimated to increase the country's GDP by 0.3 percent. In addition to the sum for the Swedish transition, the largest investments will go to further education in elderly care and to broadband expansion, where the two areas are allocated SEK 5 billion each.
