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Project

Climate investments in the industrial sector (Industry Leap)

Sweden 2023-12 Picture 4 - Industry Leap
Copyright: Swedish Government

The measure is an investment scheme called the Industry Leap.

The aim of this investment shall be to provide financial support in the form of grants for investments, research, feasibility studies, pilot projects, and demonstration projects to help the industry to transition towards zero net emissions of greenhouse gases.

It shall finance projects that develop, demonstrate and implement new technology with zero, low or negative emissions of greenhouse gases in industries with high process emissions.
The measure shall reinforce an existing scheme.

It shall extend the support to industrial projects that make a significant contribution to achieving climate objectives, such as biofuel production, recycled plastic refineries, hydrogen production, recycling facilities and battery production.

Support from the scheme may be used for expenditure related to measures contributing to permanent negative greenhouse gas emissions, including research, development, testing, demonstration and investment.

Of the total budget envelope, at least 85 percent of the funds shall be dedicated to research-and-development projects focusing on the low-carbon economy and no more than 15 percent shall be dedicated to research and development projects focussing on the circular economy.

The investment shall be implemented by 31 December 2025.