The Nordic region constitutes the world’s 12th largest and the EU’s 5th largest economy – an economy that has experienced a prolonged and dramatic decoupling of emissions and economic growth. Part of the reason for this is the common Nordic electricity market and the use of economic incentives to promote sustainable energy.
October 2015 marks the launch of the Nordic Built Cities Challenge, a multidisciplinary innovation competition encouraging the development of new solutions for sustainable, liveable and smart cities. Entering teams are invited to address six carefully selected urban challenges, one in each Nordic country and one in the Faroe Islands.
The EU aims to increase energy efficiency by 20% by 2020. Ecodesign and energy labelling are important means to achieve this goal, and combined, they are expected to contribute with half of the total reduction in energy use. Since 2013, the Nordic countries have collaborated within the Nordsyn-project to ensure transparent implementation of the European Ecodesign and Energy Labelling Directives and coherent market surveillance of energy-related products.