Government credit guarantees for green investments

Country / jurisdiction: Sweden · Year: 2021 · Status: In force · Level: National · Type: Voluntary

In the budget bill for 2021, the Swedish government proposes credit guarantees for green investments. The proposal aims to enable larger industrial investment projects in Sweden that contribute to achieving the goals of the environmental goal system and the climate policy framework.

The credit guarantees will be assessed on the basis of technology-neutral criteria and are proposed to be issued for several years starting during the first half of 2021. In 2021, the credit guarantees are proposed to amount to a maximum of SEK 10 billion. For 2022, the guarantee framework is estimated at SEK 15 billion and for 2023 at SEK 25 billion.

The guarantee framework amounted to SEK 80 billion in 2025. In its Budget Bill for 2026, the Government proposed that the programme for green credit guarantees be paused during 2026. The Riksdag has adopted a decision in line with the proposal. The Swedish National Debt Office (Riksgälden) currently has no possibility to issue guarantees within the framework of the programme.

Official source: https://www.riksgalden.se/var-verksamhet/garantier-och-lan/grona-kreditgarantier/