Climate Politics

Sweden Poised to Miss the Long-Term Climate Target It Pioneered

  • Center-right government cites tough economy, weaker krona
  • Sweden was the first nation to set a milestone net zero goal
Elisabeth Svantesson, Sweden's finance minister, during a Eurogroup meeting at the European Council headquarters in Brussels, Belgium, on Monday, Dec. 5, 2022. German Finance Minister Christian Lindner rejected a proposal from the European Union's executive arm to negotiate debt rules individually with member states.Photographer: Valeria Mongelli/Bloomberg
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Sweden looks set to miss its legislated climate targets, the latest sign of how combating global warming is slipping down the policy agenda.

The nation — the first globally to set a milestone target for net zero emissions — won’t reach that goal for 2045 with current measures, according to the center-right government’s 2024 budget submitted on Wednesday. It cited the tough economic climate along with a plunging krona, expecting to also fall short on other targets for protecting the environment.