CLC statement on draft national energy and climate strategy
We at Climate Leadership Coalition appreciate the opportunity to provide a statement on the draft national energy and climate strategy. The green transition is a broad societal transformation, where clear political signals and a predictable operating environment are needed to secure investments and accelerate innovation. Understanding the full picture requires a comprehensive approach, like the one in the draft strategy, which enables strategic choices that build on Finland’s strengths and create a technological lead — an important consideration for a country dependent on exports. It is in Finland’s overall interest to proceed in line with the carbon neutrality target for 2035 and to aim to be a frontrunner in clean energy in Europe.
- Carbon Removals and CCUS
Accelerate the development and deployment of carbon capture, utilization, and storage (CCUS). Finland and Sweden have significant potential in biogenic CO₂ utilization, and early investments can secure technological leadership. - Land-Use Sector and Natural Sinks
Maintain and strengthen forest and soil carbon sinks to support Finland’s climate targets, and prepare additional measures to enhance the sector’s carbon sequestration capacity. - Emissions Trading
Emissions must be reduced in a cost-effective and market-based manner. The development of EUETS should continue as a market-driven and technology-neutral system. In the upcoming revision of the EU ETS next year, Finland should actively advocate for economic incentives for carbon capture, storage, and utilization. - International Carbon Markets
We find it surprising that the strategy does not address the use of Article 6 of the Paris Agreement. Strategic use of international carbon markets could cost-effectively address domestic emissions gaps, increase Finland’s global climate impact, and support exports of clean technologies. - Renewable and Low-Carbon Energy
Ensure the conditions for clean energy investments. Regulatory and permitting frameworks should facilitate investment and reduce obstacles to deployment. - Electricity Market and Industrial Integration
Strengthen market mechanisms and incentives that support industrial electrification, demand flexibility, and integration of renewable generation.
CLC statement on Finland’s medium-term climate plan (KAISU)
Finland’s effort-sharing sector is currently outperforming its 2021–2025 emission targets, reflecting the success of consistent climate policy. However, projected emissions for 2030 and 2035 exceed the targets set, highlighting the need for additional measures. We believe further action is justified, especially considering the potential allocation of the LULUCF sector’s emission debt to the effort-sharing sector. The measures would reduce uncertainty, support low-carbon business, and safeguard Finland’s reputation as an investment-friendly environment.
Open PDF Documents
