Facts & Figures 2019: Climate, environment and sustainable development
The Gothenburg region boasts world-leading competence in sustainable development and clean technology solutions. In recent decades, the city’s air quality has improved and C02 emissions have decreased in spite of increased economic activity. Here we present short extracts from Facts & Figures 2019, a comprehensive compilation of facts and figures on Gothenburg’s business environment.
The Gothenburg region’s emissions of carbon dioxide have been at a constant level for most of the 2000s, but in recent years these emissions have decreased. At the same time, the region’s economic growth stands at around 85 per cent, and the population has increased by over 18 per cent, meaning that the emissions per growth unit have decreased. Since 2000, carbon dioxide emissions in the region have decreased by 6 per cent, despite the three large refineries in Gothenburg and the chemical plants in Stenungsund. Altered production patterns in energy production meant that CO2 emissions spiked in both 2010 and 2016, but the general trend is downward.
Recycled energy keeps us warm
Gothenburg is highly competent when it comes to waste management. Even though the city incinerates more waste than before, emissions are decreasing over time. The heat from waste incineration represents a third of the district heating in the region and approximately 5 per cent of the electricity demand in Gothenburg. In addition, 60 per cent of electricity produced comes from biogas.
More travel fuelled by renewables
More and more people are using public transport. In 2018, some 287 million trips were made in the Gothenburg region, an increase of 5 per cent over the previous year. Parallel to this, an increasing share of vehicle usage runs on renewable fuel. In 2007, about one third of public transport in the Gothenburg region was powered by renewable fuels. By 2018, this figure had exceeded 96 per cent.
Biodiesel, electricity and biogas have contributed the most to phasing out non-renewable fuels in the region’s public transport. Recently, however, tall oil and animal waste (HVO) have replaced biodiesel. Today, HVO is the largest source of fuel for public transport in the Gothenburg region.
Green bonds contribute to sustainable growth
The City of Gothenburg issues bonds to finance various environmental initiatives within renewable energy, public transport, water treatment, energy efficiency, smart power grids, urban planning and waste management. Green bonds valued at about SEK 1.2 billion were issued in 2018. The market shows great interest in green bonds and since the start in 2013, green bonds totalling some SEK 7 billion have been issued.
Facts & Figures is an annual publication from Business Region Göteborg, which consists of facts frequently requested by investors. Access the report here: Facts & Figures 2019