Boliden Minerals will receive around 88m kronor.
After much back and forth, Sweden has now submitted its first request for a disbursement of €1.6 billion from the EU recovery fund. In total, Sweden could receive €3.5 billion, equivalent to approximately 40 billion kronor. The funds are intended to support a wide range of projects, primarily in green transition, skills development, and digitalization. Other parts of the fund are used for rural development and the research program Horizon Europe.
The recovery fund is a temporary instrument of €750 billion aimed at supporting the recovery of the EU economy after the coronavirus pandemic. The fund was launched in 2020 and is part of the EU's long-term budget for 2021–2027. It is financed through loans on the financial market, which will be repaid over a 30-year period. This is the largest stimulus package ever financed in Europe.
In Sweden, the Swedish Environmental Protection Agency (Naturvårdsverket) is set to receive the largest share of the recovery fund, amounting to 2.5 billion kronor. Skellefteå Kraft could receive approximately 105 million kronor for Klimatklivet and Industriklivet, while Boliden Mineral is expected to receive around 88 million kronor. Skellefteå Kraft Fibernät will receive about 100 million kronor for broadband expansion. Umeå University is set to receive approximately 150 million kronor, and Luleå University of Technology 88 million, for Industriklivet and resources to meet the demand for education.
Industriklivet and Klimatklivet are Swedish initiatives. Klimatklivet aims to reduce greenhouse gas emissions by providing financial support for various projects. These projects may involve areas such as energy production, transportation, buildings, and industry. The goal is to contribute to Sweden's climate targets and achieve sustainable development by supporting efforts to reduce climate impact.
The recovery fund is a temporary, €750 billion euro instrument designed to support the economic recovery of the EU following the covid-19 pandemic.
In Sweden, the Swedish Environmental Protection Agency (Naturvårdsverket) is set to receive the largest share of the recovery fund, amounting to 2.5 billion kronor. Skellefteå Kraft could receive approximately 105 million kronor for Klimatklivet and Industriklivet, while Boliden Mineral is expected to receive around 88 million kronor. Skellefteå Kraft Fibernät will receive about 100 million kronor for broadband expansion. Umeå University is set to receive approximately 150 million kronor, and Luleå University of Technology 88 million, for Industriklivet and resources to meet the demand for education.
Industriklivet and Klimatklivet are Swedish initiatives. Klimatklivet aims to reduce greenhouse gas emissions by providing financial support for various projects. These projects may involve areas such as energy production, transportation, buildings, and industry. The goal is to contribute to Sweden's climate targets and achieve sustainable development by supporting efforts to reduce climate impact.