The City of Stockholm has signed an agreement to purchase permanent carbon removals from Stockholm Exergi equivalent to 50,000 tonnes per year for fifteen years. This deal makes the City of Stockholm the world’s fifth largest buyer of permanent carbon removals.

In its Environmental Programme and Climate Action Plan, the City of Stockholm has established the goal of becoming climate positive by 2030 and fossil fuel-free by 2040. The goal is territorial and means that emissions within the city boundaries must decrease sharply by 2030, and that the removal of greenhouse gases must exceed emissions. An important part of this work is reducing the climate footprint of the city’s own companies.

Stockholm Exergi is building one of the world’s largest facilities for removing carbon dioxide from the atmosphere. The captured carbon dioxide will be transported by ship to Bergen, Norway, where it will be permanently stored in bedrock deep beneath the seabed. The facility will have the capacity to capture 800,000 tonnes of carbon dioxide every year.

The purchase of carbon removals complements the city’s extensive efforts to reduce fossil emissions and aims to counterbalance emissions within the municipal group that are very difficult or too costly to avoid. These include hard-to-abate emissions from construction materials and emissions linked to wastewater treatment.

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