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Sweden: Cleantech company Chromafora to tackle widespread chemical pollution with €22.5 million EU backing
The European Investment Bank (EIB) is providing €22.5 million non-dilutive financing to Chromafora, a Swedish cleantech company, to step up Europe’s fight against widespread pollutants known as “forever chemicals”. Chromafora will use the loan to advance a technology for removing per- and polyfluoroalkyl substances – or PFAS – from water.
Sweden: Industrial equipment maker SKF to accelerate Europe’s green transition with €430 million loan from EIB
The European Investment Bank (EIB) is lending €430 million to Sweden-based SKF, a global leader in bearings and seals manufacturing, to support research, development and innovation (RDI) central to greening Europe’s economy. The company will use the EIB credit to advance technologies in bearings, seals and lubrication systems over the coming four years at sites in six European countries: Austria, France, Germany, Italy, the Netherlands and Sweden.
64 percent of Swedes have been affected by extreme weather – nearly everyone realizes that Sweden must adapt to climate change
Most Swedish respondents recognise the need to adapt their lifestyle due to the effects of climate change, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). Among the challenges facing their country, Swedish respondents ranked climate change third, after the cost of living, and security. More than eight out of ten Swedish respondents believe that investing in adaptation now will not only boost the economy, but will also prevent higher costs in the future.