The Nordic countries have set an ambitious goal for 2030: to become the world’s most sustainable and integrated region. As a steppingstone towards achieving carbon neutrality well before mid-century, each of the five Nordic countries, Denmark, Sweden, Norway, Finland, and Iceland, has pledged to significantly reduce greenhouse gas emissions in all sectors of the economy by 2030.
To achieve their targets, all the Nordic governments recognize the importance of collaborating effectively with private sectors, and each has employed various approaches to engage the business and industry sector in making their national climate policy.
This report presents an outline and a comparison of selected innovative Nordic approaches adopted by public bodies in order to involve the private sector in efforts to achieve national targets through the development of sector roadmaps and other forms of contribution. The present project aims to study and understand these initiatives, including their scope, governance, and outcomes. It also seeks to assess their effectiveness and to share insights from participants and key stakeholders.
The results presented in this report are expected to contribute to continued public-private collaboration within the Nordic countries. The report is also intended to promote best practices, some of which could potentially be adopted in other countries or regions. Given the urgency of the climate problem, it is crucial for the public and private sectors to work together efficiently to implement the changes needed. This calls for deepening our understanding of the benefits, challenges, and limitations of public initiatives designed to engage the private sector in efforts to achieve national climate targets.