Sweden Plans to be Carbon-Neutral by 2045

Sweden's Prime Minister, Stefan Löfven, has unveiled proposals to go carbon-neutral by 2045. The plan is scheduled to start by 1 January, 2018.

The Climate Act  would see the nation cut emissions by at least 85% from 1990 levels and offset the remaining 15% by investing in green projects overseas. Under the proposed Climate Act, the government will also be required to include a climate report in the country's annual budget and to produce a climate action plan every four years at the beginning of each new parliamentary term.

Sweden is already on target to generate all of its electricity from renewables by 2040. Last year, the country secured 57% of its power from renewables, including wind and hydro, instead of fossil fuels that contribute to emissions.