More than every other person in the world will be a city dweller by 2050. This is a staggering statistic given that 70 percent of global carbon dioxide emissions originate from cities today. These facts prove that cities will continue to be the primary source of growing global environmental and climate problems. Our future cities will need to operate and develop in smarter ways in order to combat both climate change and social challenges resulting from people living and working in densely populated areas
The need for new technologies to build resource-efficient system solutions and achieve long-term sustainability in city development is increasing rapidly. But creating smart urban areas also encompasses organisational, operational or regulatory changes as well as innovative business models. The large number of stakeholders and competencies involved in urban development calls for greater collaboration and data-driven decision-making, which facilitates better planned construction and maintenance processes.
Good testing ground for sustainable urban living
Creating networks of test beds within urban areas will be a prerequisite for understanding how new technologies such as AI can interact with the surrounding community. Smart city ecosystems, including test beds, require closer collaboration between universities, the public sector and the business community. Such close collaboration will improve the utilisation of available resources and benefit economic development.
By investing in a solid smart city ecosystem, Sweden has gained a competitive advantage in an increasingly purpose-driven world. At the same time, Sweden is complying with Agenda 2030 and the global goals for sustainable development. The unique private-public partnership of “the Swedish model” coupled with a world-class tech industry and a leading focus on sustainability, innovation and co-creation, has resulted in products and solutions such as electric and biogas buses, district heating, fibre cables, smart grids and energy efficient buildings. Together with state-of-the-art engineering and construction expertise, these and other Swedish ground-breaking ideas have facilitated smart city developments not just in Sweden but around the world.
Zero carbon footprint by 2045
Sweden is also committed to becoming carbon neutral by 2045 and efforts continue to be stepped up. Cities around the country are planning large investments in renewable energy, electric and connected mobility and recycling while upgrading existing facilities, processes and systems. These forward leaning investments present opportunities for international investors and make Sweden an attractive partner for co-creating solutions for the future.
Platform for collaborative impact
The Swedish Government has decided to support leading Swedish companies and international investors within the field of smart cities through a public platform called Smart City Sweden. Business Sweden leads the work and progress of Smart City Sweden together with seven other government agencies; the Energy Agency, the Agency for Economic and Regional Growth, the Environmental Protection Agency, the Mapping, Cadastral and Land Registration Authority, the National Board of Housing, Building and Planning, the Transport Administration and Sweden’s Innovation Agency (Vinnova).
How we can help
Together with these agencies Business Sweden provides strategic advice, practical support, market insights and an extensive business network. We help international companies invest and expand in Swedish smart city projects and assist Swedish companies aiming to capture smart city opportunities in global markets.
We especially focus our expertise and support on:
- Digital & Cloud infrastructure
- Smart connectivity (5G)
- New battery technologies