Sweden is one of the most advanced and innovative countries in the field of green energy, energy efficiency and fossil fuel-free industry, based on close cooperation between academia, the private and public sectors.
Sweden and the United States are already close partners in the development of innovation and new technologies, thanks to numerous collaborations between academia, industry and startup ecosystems. The Green Transition Initiative will build on these partnerships and develop them further.
By increasing access, improving visibility, and fostering co-creation, the Green Transition Initiative will also support Swedish companies in expanding their business and presence in the United States. As Swedish and U.S. companies increase their collaboration to drive sustainable change, together we will pioneer what is possible.
Realizing the green potential
The United States has set ambitious national targets to help meet global climate goals. Several states are taking the lead in transforming sectors such as transportation, power generation, and industry, which together account for nearly 80% of total greenhouse gas emissions. Significant investments are being made in these sectors, and as other states follow suit and the Biden administration’s climate ambitions grow, demand for innovative green technologies is increasing.
A large number of Swedish companies, both multinationals and new start-ups, are at the forefront of innovative environmental solutions and are global leaders in sectors such as electric mobility, renewable energy, sustainable industry and green buildings. With ambitions to become the world’s first fossil fuel-free welfare state, Sweden is well positioned to partner with the United States in its transition to a greener future.