Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure FI-2023-40/3284 – measures in Finland
Country | Finland , applies nationwide |
Time period | Temporary, 05 October 2023 – 12 January 2024 |
Context | Green Transition |
Type | Other initiatives or policies |
Category |
Promoting the economic, labour market and social recovery into a green future
– Financing the green transition |
Author | Mikael Lundqvist |
Measure added | 09 October 2023 (updated 09 January 2025) |
The grant promotes the green transition and the goals of the government program for Finland's carbon neutrality and a significant increase in clean energy production.
The purpose of the grants is to increase resources for the planning and permit procedure of investment projects supporting the green transition and thus speed up the implementation of the projects.
The Ministry of the Environment grants state grants according to applications based on the State Grants Act (688/2001).
The grants are special grants. Part of the allocation (€0.7 million) comes from the European Union's NextGenerationEU funding (recovery and recovery support instrument, RRF) from Finland's sustainable growth program.
NextGenerationEU funding is primarily granted for the planning, permit procedure and related investigations of green transition investment projects financed from the recovery instrument.
The grant is eligible for municipalities and regional councils in Finland for purposes of planning, licensing and performing studies related to innovation projects promoting green transition. The applicant should be able to cover a minimum of 30% of the projects with other funding.
A total of around €1.1 million can be distributed.
These investments should directly or indirectly contribute to emissions reductions, the reduction of resource use and the circular economy.
The projects can cover for instance renewable energy and new energy solutions, low-carbon hydrogen and carbon capture, electrification and low-carbonisation of industrial processes, reuse and recycling of key materials and industrial side-streams.
Projects must comply with the "do no significant harm" principle.
In three previous rounds of the grant, The Ministry of the Environment awarded grants to 60 projects, totalling around €3.3 million.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Does not apply to businesses | Does not apply to citizens |
Actors | Funding |
---|---|
National government
Local / regional government |
National funds
Other National Recovery and Resilience Facility |
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
Involvement by social partners in the adoption and implementation of the measure is not known.
No available information.
Citation
Eurofound (2023), Grants to promote green transition investment projects in municipalities and regions, measure FI-2023-40/3284 (measures in Finland), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/FI-2023-40_3284.html
Share
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.
Article12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.
Article12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.
Article5 July 2022
This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.
ArticleDisclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.