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Recently published scenarios show that we have a bumpy road ahead to climate neutrality. These scenarios also help us to grasp the magnitude of the climate challenge. To meet the commitments of the Paris Agreement on climate change, we need to take determined action to reduce greenhouse gases. Although we are currently nowhere near the desired level globally, Finland is pursuing ambitious climate goals, both nationally and in its role as the Presidency of the Council of the European Union.https://tem.fi/en/-/polku-kohti-ilmastoneutraaliutta-tuoreet-skenaariot-kuvaavat-haasteen-kokoluokkaa
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6.10.2025 | The Finnish Government aims to improve fair market competition. With this in mind, the Ministry of Economic Affairs and Employment is now requesting comments on a memorandum assessing the reform of competitive neutrality regulation. After reviewing the comments received, the Government will decide whether any legislative amendments are needed.https://tem.fi/en/-/memorandum-on-improving-competitive-neutrality-sent-out-for-comments
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Merger control In small markets like Finland, ensuring a competitive environment requires effective merger control. Chapter 4 in the Competition Act contains provisions on merger control. On the proposal of the Finnish Competition and Consumer Aut...https://tem.fi/en/merger-control-and-competition-neutrality
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Competition The aim of competition policy is to create and maintain an environment in which enterprises have a level playing field and an opportunity to succeed through their expertise. The key objective of competition law and policy is to ensure ...https://tem.fi/en/competition
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In terms of energy policy, Finland’s Presidency of the Council of the EU will focus on the implementation of legislation. The Presidency will also have an opportunity to lay down long-term policies especially on climate issues.https://tem.fi/en/-/suomen-eu-puheenjohtajakausi-energianeuvostossa-energiaunioni-ja-ilmastoneutraaliutta-edistava-ratkaisut-prioriteettina
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Competition legislation The Competition Act and EU competition rules prohibit competition restraints which are generally considered to have harmful effects on sound and effective economic competition (prohibition principle). Such prohibited restra...https://tem.fi/en/competition-legislation
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The Government’s climate targets are ambitious: carbon neutrality by 2035, and nearly fossil-free energy production in the course of the 2030s. The wide-ranging changes required to achieve these targets demand vigorous policies and consistent action. At the same time, however, one has to ensure social justice and the competitiveness of businesses. Paths to carbon neutrality involve major uncertainties.https://tem.fi/en/-/miten-hiilineutraaliin-yhteiskuntaan-paastaan-ja-mita-se-maksaa-
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19.11.2025 | Publications of the Ministry of Economic A airs and Employment Energy • 2022:55 Carbon neutral Finland 2035 – national climate and energy strategy Carbon neutral Finland 2035 – national climate and energy strategy Ministry of Economic Affairs and ...https://tem.fi/documents/1410877/2769658/Carbon+neutral+Finland+2035+%E2%80%93+national+climate+and+energy+strategy.pdf/7d9d4a71-81c7-c11f-ec7e-df3eee446e81?t=1763537301201
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Sustainable Growth Programme funding to companies from the Ministry of Economic Affairs and Employment and government agencies under its purview Recovery funding promotes the renewal of economic structure and the competitive advantage of Finnish c...https://tem.fi/en/funding-available-to-companies-under-the-sustainable-growth-programme
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Heating market Electricity and heat production must be nearly emissions-free in Finland by the end of the 2030s while also taking into account the perspectives of security of supply and servicing. In accordance with the Act approved in 2019, coal-...https://tem.fi/en/heating-market
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As an interim target for reaching climate neutrality by 2050, the EU wants to tighten the emission reduction target from 40% to at least 55% by 2030. Although it seems that the EU will exceed the original target, this constitutes a major change. In particular, the way emission reductions are implemented has a major impact on how much the transition will cost and how these costs will be distributed between countries.https://tem.fi/en/-/fit-for-55-what-are-the-best-ways-to-cut-emissions-
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A number of climate investments are underway in Finland and across Europe. In the plans, thousands of windmills on land and sea, hydrogen and synthetic fuels, and many other innovative energy solutions will help Europe’s transition to climate neutrality. With measures to boost the economy after the coronavirus crisis, public funding for the green transition will come from many directions. Howev...https://tem.fi/en/-/money-alone-is-not-enough-consistent-regulation-is-key-to-eu-s-climate-goals
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21.5.2025 | The EU’s Competitiveness Council will be held in Brussels on 22–23 May 2025. Finland will be represented by Minister of Employment Matias Marttinen (internal market and industrial policy matters) and Minister of Economic Affairs Wille Rydman (research, innovation and space matters).https://tem.fi/en/-/eu-competitiveness-ministers-to-meet-in-brussels-on-22-23-may-2025
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Restricting global warming is crucial to humanity’s future. There will be no easy transition to a low-emission world, or eventually to a carbon neutral world, and we must make changes in all spheres of life. The European Union has an important role as one who takes the lead and offers solutions. To do this, it needs an ambitious and comprehensive climate and energy policy that is based on knowledge.https://tem.fi/en/-/milla-evain-rakennetaan-eu-n-pitkan-aikavalin-vahapaastoisyysstrategia-
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11.3.2025 | The EU Competitiveness Council (internal market and industry) will meet in Brussels on 12 March 2025. Minister of Economic Affairs Wille Rydman will represent Finland at the meeting.https://tem.fi/en/-/eu-competitiveness-ministers-to-meet-in-brussels-on-12-march-2025
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30.6.2022 | On 30 June 2022, the Government submitted its national climate and energy strategy to Parliament as a report. The strategy is a comprehensive action plan for the medium term, which Finland will use to meet the EU’s obligations for 2030 and to achieve the national climate target for 2035. The strategy covers all greenhouse gas emissions in the emissions trading, effort sharing and land use sectors as well as the carbon sinks of land use and other sectors.https://tem.fi/en/-/government-sends-climate-and-energy-strategy-to-parliament-action-plan-to-help-finland-achieve-carbon-neutrality-by-2035
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What is innovation-friendly regulation? Innovation-friendly regulation is flexible, technology neutral and goal-oriented predictable and conducive to clarity supportive of competition and market dynamics appropriate and proportionate harmonised an...https://tem.fi/en/what-is-innovation-friendly-regulation
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Aid for electrification Some of the EU ETS allowance costs passed on in electricity prices will be compensated for a limited number of industries through an aid for the electrification of energy-intensive industries. Provisions on this scheme are ...https://tem.fi/en/aid-for-electrification
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7.8.2025 | Finland is known as a country of responsible use of nuclear energy. Safety comes always first. Responsibility includes ensuring the funds required for nuclear waste management and for the decommissioning of facilities. An extensive legislative reform is, however, required to streamline regulation and licensing. The reform process is also driven by the need to take account of new technologies and the profitability challenges of the sector.https://tem.fi/en/-/column-reform-of-nuclear-energy-legislation-to-streamline-regulation-and-prepare-the-ground-for-future-projects
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24.2.2026 | Industrial Competitiveness Approach Means to guarantee economic growth in Finland in the 2010s Publications of the Ministry of Employment and the Economy Innovation 9/2013 Industrial Competitiveness Approach Means to guarantee economic growth in F...https://tem.fi/documents/1410877/3437254/Industrial+Competitiveness+Approach+17102013.pdf/34c9b17b-19aa-4237-91a5-ac04d7631664?version=1.1&t=1771921653951