Sustainability is the guiding principle

Today, all of Iceland's local electricity and district heating needs are from renewable hydroelectric and geothermal resources. By harnessing domestic energy resources, Iceland has dramatically increased its living standards and created tremendous opportunities for advancement in energy-related fields and for industries to produce goods more responsibly. 

Iceland aims to be a leader in climate solutions with targeted measures to reduce emissions, expand carbon sequestration, and become carbon neutral by 2040. While the challenges are significant, there are abundant opportunities to export Icelandic know-how and green solutions.

Iceland: Leading by example

Worldwide, Iceland is synonymous with sustainability. Economically and socially, critical sectors such as the energy and fishing industries already emphasize sustainability and the responsible management of resources.

Energy from renewable resources has tremendous value in evolving economic circumstances. Iceland's natural and sustainable energy has attracted new foreign investments that did not exist 20 years ago. Moreover, Icelandic knowledge and experience in these fields have created new export value. The demand for green solutions is increasing rapidly, and Icelandic companies have achieved remarkable technological results, including more circular thinking for fully utilizing raw materials and energy.