Upbeat Sweden announces green spending spree

Government pledges to focus extra environmental funds on climate, eco-research, chemicals

Sweden's new minority coalition yesterday presented its draft budget for 2003, less than a week after striking a deal with the Green party that ended a long stalemate following general elections last month (EED 02/10/02).

The budget is relatively optimistic, assuming that gross domestic product will grow by 2.1% this year and 2.5% in 2003 and 2004. For environment, this means increased funding for the national climate investment programme, from SKr200m (€21.8m) this year to 300m in 2003.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.