The Swedish Forest Industries Federation (SFIF) welcomes ambitious climate targets in line with the communication. This is aligned with SFIFs priorities for a greener, stronger Union. SFIF argues that the fossil economy must be replaced by the circular bioeconomy, including all its climate contributions.
SFIF gives the following recommendations to reach the target:
- Focus primarily on reducing fossil emissions
- Put the circular bioeconomy at the heart of the climate transition
- Ensure that climate and energy policies consider industry competitiveness and a well-functioning common market
- Base natural carbon sink policies on balanced and realistic assessments of the forests natural dynamics and consider other sustainability dimensions
- Define a framework for bio-CCS that is supported by financial guarantees and market-based mechanisms for voluntary investments from the industry
- Acknowledge the full climate mitigation contribution from forest-based value chains
