Malmö

Sweden

Mission city Pilot city
Sweden National Platform
Malmö Mission City Label
Population 365k
City Area 27 km²
City active since June 2022

Just like the European Commission, the City of Malmö appreciate that current targets are challenging and ambitious, but we need to go further and faster. Cities play a key role in the mobilisation of citizens, businesses, civil society actors and academics in the creation of a just and equitable climate transition and together we can go further and faster.

 

Malmö is fully committed to addressing the climate crisis while at the same time tackling our significant socio-economic challenges. Although we have been awarded Sweden's Best Environmental Municipality 2022 and four times previously in the last decade, we still have much to do both from an environmental and socio-economic development perspective. Malmö has made many of the easier emissions reductions and is now grappling with more complex issues.

 

Malmö has diversified its economy but its unemployment rate is almost twice the national average and the tax base to finance local public spending is only 87% of the national average (the equivalent in Stockholm and Gothenburg is approximately 20% and 5% above the national average respectively). It is therefore essential for us to further integrate climate and socio-economic transitions to ensure that climate investments contribute to new employments and improved lives for all in Malmö.

Key Learnings

Malmo - Green bonds

Malmö’s political leadership tasked the Finance Department to investigate green bonds as a potential instrument for raising capital for investments that benefit the climate and environment. It resulted in the development of the Green Bond Framework and the issuance of their first green bonds in 2018.

Optimization of the mix of private and public funding to realise climate adaptation measures in Malmö

Author: City of Malmö, Annika Kruuse Category: City Public Private Partnership Published/Created by: Malmö/Climate-ADAPT Link: https://climate-adapt.eea.europa.eu/metadata/case-studies/optimization-of-the-mix-of-private-and-public-funding-to-realise-climate-adaptation-measures-in-malmo https://malmo.se/Stadsplanering--trafik/Stadsplanering--visioner/Utbyggnadsomraden/Vastra-Hamnen-/Samlade-skrifter-om-Vastra-Hamnen.html The city of Malmö has chosen to realise its sustainability ambitions (including climate change adaptation) by focussing on co-creation with private developers through the organisation of so-called ‘stakeholder partnership processes’. This allows for an effective mix of private and public funding. The approach entails the initiation of dialogues with private developers from the very start of an urban development process. Through the dialogue a sustainable urban development model is co-created for a specific site. In this way the city makes sure that the envisioned sustainability ambitions take shape in the construction of the urban development without having the financial responsibility for its execution. In addition, the city is able to identify through the dialogue whether additional (public) funding needs to be obtained to realise a higher level of environmental standards. Stakeholder partnerships have been a part of large urban development projects in Malmö since the early 1990s. A stakeholder partnership process generally consists of a series of meetings and workshops. The process kicks-off with a common study trip. Afterwards a series of workshops follows for which the city provides the topics depending on the envisioned sustainability goals. Generally, the city takes the initiative to start off the partnership process. This involvement decreases over time as the stakeholders take over the initiative for the meetings. The partnership process officially ends once the urban development is completed. However, in some cases the private stakeholders continued their partnerships at their own initiative once the formal arrangement had ended.
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Pilot project spotlight
Visit Malmö City Website Read Malmö Climate City Contract Wiesbaden City Profile (Twin City)

External projects

City involvement in related European initiatives