Minister of Economic Affairs Wille Rydman will lead a Team Finland visit to Canada and the US on 5–8 March 2024. The main themes of the visit will be marine industry and ports. A business delegation of 30 people from 20 different companies and organisations will participate in the trip.

Minister of Economic Affairs Wille Rydman will lead Team Finland’s export promotion trip to London on 14–16 November 2023. The trip will focus on low-carbon construction. A business delegation of 20 persons will accompany the minister.

On 12 October 2023, the Government submitted to Parliament its proposal for a new Emissions Trading Act and amendments to the Act on Biofuels, Bioliquids and Biomass Fuels. The current Emissions Trading Act and the Act on Aviation Emissions Trading would be repealed.

The implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM) will begin on 1 October. CBAM is a new kind of EU policy tool that imposes an emissions-based price on certain products from outside the EU equivalent to that imposed by the EU emissions trading scheme on similar products manufactured in the Union.

The EU’s Carbon Border Adjustment Mechanism aims to prevent carbon leakage, where greenhouse gas emissions are transferred to countries outside the Union through production, and at the same time to encourage non-EU manufacturers to reduce their emissions. The Ministry of Economic Affairs and Employment has appointed a working group to prepare the implementation of the mechanism in Finland.