Gesellschaft | Green Cities, 26.05.2026

City of Stockholm becomes the world’s fifth largest buyer of permanent carbon removals

Goal of becoming climate positive by 2030 and fossil fuel-free by 2040

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. The agreement is signed through the group company Stockholm Stadshus AB. The 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.

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.

The City of Stockholm aims to become territorially climate positive by 2030 and completely fossil fuel-free by 2040. Through this purchase, Stockholm is taking a global leadership position among climate-ambitious cities and becomes the world’s fifth largest buyer of permanent carbon removals. This is an important signal at a time when the green transition must accelerate to address the climate crisis, says Karin Wanngård (S), Mayor of Stockholm.
The City of Stockholm has long been at the forefront of the climate transition. Now, they are once again showing leadership in how municipalities, companies and other actors should act by combining deep emissions cuts with purchases of permanent carbon removals. At the same time, they are helping to build a new industry and create a market for carbon removals, says Anders Egelrud, CEO of Stockholm Exergi.

Facts about BECCS Stockholm

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. This is more than the annual fossil emissions from all road traffic in Stockholm.

When carbon dioxide from the atmosphere is permanently stored, so-called carbon removals are created. These can be used to counterbalance fossil emissions that are very difficult or very costly to avoid.

Kontakt: Stockholm Exergi, Fredrik Persson | fredrik.persson@stockholmexergi.se | www.stockholmexergi.se