All the Nordic countries have ambitious targets for decarbonisation of their economy. Moreover, the Nordic Council of Ministers has a vision for a decarbonised Nordic region, signed by all heads of state.
However, current policies reveal a gap between expected emission reductions and national decarbonisation targets. This gap appears due to a lack of concrete plans on how to reach these ambitious targets, especially for the individual residential heating, transport and industry sectors.
We have taken a three-step approach to determine the roadmap for decarbonisation for each of the Nordic countries:
The proposed policy initiatives have three main components that can help deliver on the Nordic decarbonisation targets:
The study is commissioned by Fortum corporation.