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.

On 28 September 2023, the Government submitted to Parliament its proposal for amending the Accounting Act, the Auditing Act and certain related acts. The proposed acts would implement the European Union Directive on corporate sustainability reporting (2022/2464).

Minister of Climate and the Environment Kai Mykkänen will attend the General Conference of the International Atomic Energy Agency (IAEA) on 27 September 2023. The Conference will be held in Vienna this week. Mykkänen will deliver Finland’s national statement at the Conference on Wednesday.

The number of unemployed jobseekers rose by 10,400 from August of last year. The number of new vacancies reported totalled 64,700. In all, the number of unfilled vacancies in August was 114,400, which is 61,100 fewer than a year ago.

On 21 September 2023, the Government authorised the Ministry of Economic Affairs and Employment to acquire Climate Fund’s (Ilmastorahasto Oy) 8.31 per cent shareholding in Neste Corporation to return the shares to direct state ownership. A total of 63,894,123 shares will be transferred to the state at the same value as they were originally transferred to the company without monetary consideration.