Sweden takes over chair position of the Global Carbon Pricing Challenge

Sweden takes over as new chair of the Advisory Committee as the GCPC launches Phase II of the initiative, now with a sharpened focus on carbon pricing communications and private sector engagement

"Sweden is proud to assume the chairpersonship of the Global Carbon Pricing Challenge at this critical moment for global climate action. As one of the pioneers of carbon pricing and one of the most fervent advocates for EU’s emission trading system EU ETS, we have witnessed firsthand how effective pricing mechanisms can drive emissions reductions and innovation while fostering economic growth. Together with our Partners and Friends, we will work to strengthen international collaboration, share our experiences, and support countries in designing and implementing carbon pricing systems to accelerate our collective journey toward a climate-neutral future."

Romina Pourmokhtari, Sweden’s Minister for Climate and the Environment

The Global Carbon Pricing Challenge (GCPC) is pleased to announce that Sweden has assumed the chair position of the Advisory Committee of representatives from Partner countries, following the conclusion of Canada's successful two-year term. Mattias Frumerie, Sweden's Climate Ambassador and Head of Delegation to the UNFCCC at the Swedish Ministry of Climate and Enterprise, will serve as the new chair.

This transition signals strong support by the Swedish government for the objectives of the GCPC and will initiate a new phase in its mission to foster momentum and support the expansion of carbon pricing systems worldwide through high-level dialogue and communication activities.

"Sweden is honored to take on this leadership role within the Global Carbon Pricing Challenge," said Climate Ambassador Mattias Frumerie. "Sweden was one of the first countries to implement carbon pricing in 1991. We are a strong supporter of the EU ETS and recognize the effectiveness of carbon pricing, together with flanking measures, in reducing emissions while driving innovation and economic growth. In this new phase, we see a clear opportunity: to move beyond the policy community and bring in the voices of companies that have operated under carbon pricing, built investment strategies around it, and seen it deliver real competitive advantage. That business case is compelling — and the GCPC is uniquely placed to amplify it. We look forward to working with all GCPC Partners and Friends to advance our collective goal of promoting carbon pricing."

Sweden brings valuable experience to the role, being one of the first countries to have introduced a carbon tax in 1991 and one of the most fervent advocates of the EU Emissions Trading System (EU ETS) since 2005. Swedish companies, too, have been early movers — building business models and investment strategies around a stable carbon price, and demonstrating that carbon pricing and economic competitiveness go hand in hand. Fossil fuels are now in principle phased out from both Sweden’s district heating system and electricity production, and Sweden’s industrial climate transition of heavy industry is just around the corner. This leadership in carbon pricing implementation positions Sweden well to guide the GCPC's efforts in promoting carbon pricing adoption globally.

The GCPC thanks Canada for its leadership as the inaugural chair since the Challenge was announced at COP26 and officially launched at COP27. Under Canada's guidance, the GCPC has grown to include 14 Partners, 4 Friends and 8 Network members, established a Secretariat operated by adelphi, and organized numerous high-level events and technical workshops to advance carbon pricing globally.

The GCPC remains committed to its mission of expanding carbon pricing, providing a forum for countries to share experiences and best practices, and supporting countries interested in implementing carbon pricing.

About the GCPC

The Global Carbon Pricing Challenge (GCPC) was launched by Canada and Chile during COP27. Since then, it has grown into an international initiative, steered by a growing number of Partner and Friend countries. In 2026, Sweden assumed the Advisory Committee Chair, bringing fresh leadership and a sharpened focus on carbon pricing communications and private sector engagement for the initiative's second phase. The GCPC is led by an Advisory Committee of representatives from Partner countries and is currently chaired by Sweden's Climate Ambassador, Mattias Frumerie. Decisions of the Advisory Committee are informed by the analysis and advice of a Technical Working Group of global experts from Partners and Friends. See www.globalcarbonpricingchallenge.org for more information.

Contact

For further information, please contact the GCPC Head of Secretariat Mary Hellmich: hellmich[at]adelphi[dot]de