Environmentally motivated subsidies 2022
Environmentally motivated subsidies increase in 2022
Statistical news from Statistics Sweden 2023-05-17 8.00
Environmentally motivated subsidies increase in 2022 compared to 2021. For 2022 these subsidies amount to 24.3 billion Swedish krona; a 27 percent increase from 2021.
Environmentally motivated subsidies, covering transactions contributing to reduced climate and other environmental impacts as well as more efficient natural resource use, total 24.3 billion Swedish krona in 2022. This is an increase by 5.1 billion Swedish krona compared to 2021. Subsidies cover four areas: emission-reducing subsidies, energy-related subsidies, environmentally related aid and international cooperation, and resource-related subsidies.
The increase in 2022 is mainly due to increased transactions for emissions reduction, from 8.2 to 12.5 billion Swedish krona. This increase derives from different supports in the climate area and bonus for low-emission vehicles subsidies. The different supports in the climate area include investments for reduction of environmental impact of society, through the investment subsidy Klimatklivet, administered by the Swedish Environmental Protection Agency. The subsidy Klimatbonus is for new cars with low impact on the environment, administered by the Swedish Transport Agency.
The largest environmental subsidies in emission-reducing subsidies are Klimatbonus which amount to 6.9 billion Swedish krona in 2022. They have increased by 5,6 billion Swedish krona since 2018 when they were introduced. In 2022 a subsidy to support for charging infrastructure is also introduced and it amounts to ca 550 million Swedish krona.
The resource-related subsidies are the second largest category, amounting to 6.8 billion Swedish krona. Environmental improvement measures in agriculture constitute the largest part of resource-related subsidies. These include environmental benefits to farmers through the Swedish rural development program, e.g., biodiversity measures in the farmed landscape and environmentally friendly agriculture.
Environmental subsidies go primarily to companies
The subsidies, that is payments for investment and consumption, can go to different stakeholders nationally and internationally. Swedish companies, non-profit institutions, households, and other public authorities in Sweden are recipients of about 91 percent of the total in 2022. The remainder goes to international organisations and aid. Subsidies to domestic stakeholders are 22 billion Swedish krona in 2022, a 31 percent increase compared to 2021. Subsidies to international organisations and aid remain on the same level as in 2021. Subsidies to companies increase by 41 percent in 2022, as compared to 2021.
Revisions
There have been revisions in the time series. The subsidies have been adjusted up by ca two billion SEK for 2015-2017, there are also minor revisions for other years. For more information, see the quality report (available only in Swedish) on Statistics Sweden’s website.
Definitions and explanations
Environmentally motivated subsidies are defined in accordance with the SEEA Central Framework statistical standards for environmental accounts. The definition that applies in Statistics Sweden’s environmental accounts is informed by the subsidy objective. Therefore, the definition used in the environmental accounts is broader than the one used in the national accounts, as the environmental accounts also include capital and current transfers and social benefits in kind.
For the environmental accounts, the source for the subsidy objective has been the Government’s Budget Bills for various years. The statistics are derived from the National Financial Management Authority’s calculations of the central government budget’s outcome, in which transactions are traced back to the government appropriations from which they came.
Statistics Sweden has published statistics on environmentally motivated subsidies since 2000.
Next publishing will be
May 2024.
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.