Stockholm

Stockholm is the capital of Sweden. Its name derives from the words "stock" (log) and "holm" (islet) in acknowledgement of the city's bridges and waterways.

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The urban area has population of 1.4M with over 2.1M in the wider metropolitan area. The city has a number of universities with a high percentage of the country’s professionals.

Stockholm is growing and faces challenges of keeping and developing its city character. One of the priorities is to be a sustainable city, offering an attractive and inspiring living and working environment. The Environmental Program for 2016-2019 is based on a vision of a city for everyone, where the needs of people and nature complement each other in an environment based on sustainability, functionality, quality and biological diversity. Stockholm was the first city to be designated the European Green Capital in 2010. 98% of household waste is recycled and the vision is to be fossil fuel free by 2040.

 

Unlike most European cities, the municipality of Stockholm owns over 60% of the land of the city. This means there is a large leverage of the city on investments to enable smart and sustainable development.

As a way of promoting sustainable development, the city has used major urban regeneration projects showcase cutting edge technology. This work started with the Hammarby Sjöstad area and experience from this has been used in the Royal Seaport. This area aims to be a sustainable urban district and an international model for sustainable urban planning. The new district will be completed in 2030.

 

Stockholm is also the home of the largest technology cluster in Europe and the third largest in the world, Kista Science city. The Electrum Foundation is an innovation cluster between industry, academia and the public sector, an example triple helix structure, which offers startup support. The aim is to make the region a world leading centre for ICT.

City Insights - Stockholm