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Emissions trading The aim of the EU Emissions Trading System (EU ETS) is to keep the greenhouse gas emissions of industrial and energy production plants and flights within the European Economic Area (EEA) below the EU-wide emissions cap for the em...https://tem.fi/en/emissions-trading
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Emissions Trading Directive The Emissions Trading Directive (2003/87/EC) lays down the legislative framework for emissions trading. Among other things, it lays down provisions on the emissions cap for emissions trading. The Emissions Trading Syste...https://tem.fi/en/emissions-trading-directive
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Emissions trading in aviation The EU Emissions Trading System (EU ETS) applies to all flights between airports in the EEA. Provisions on emissions trading concerning aviation are laid down in Directive 2008/101/EC. Finland has implemented the avia...https://tem.fi/en/emissions-trading-in-aviation
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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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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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7.5.2026 | Based on the 2025 hydrogen auction of its Innovation Fund, the European Commission has selected nine projects that will proceed to agreement negotiations. Among them is the Cloudberry project of Finland’s Vetyalfa Oy. The Commission published the results of the auction on 7 May 2026.https://tem.fi/en/-/finnish-hydrogen-project-to-receive-eur-224-million-from-eu-s-innovation-fund
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4.12.2025 | On 4 December 2025, the Government submitted the national Energy and Climate Strategy to Parliament as a report. In line with the Government Programme, the strategy will accelerate the clean transition, reduce greenhouse gas emissions and strengthen carbon sinks.https://tem.fi/en/-/energy-and-climate-strategy-to-boost-clean-transition-and-reduce-emissions
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Monitoring, reporting and verification The rules for the procedure of monitoring, reporting and verification (MRV) and the accreditation of verifiers are set out in two Commission Regulations. The Ministry of Economic Affairs and Employment issues...https://tem.fi/en/monitoring-reporting-and-verification-of-eu-ets-emissions-in-2013-2020
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Climate policy aims to reducing greenhouse gas emissions. In the European Union, these emissions are reduced by emissions trading scheme, the obligations of effort sharing sectors and the promotion of renewable energy and energy efficiency. Other relevant tools are land-use change and sinks in forests, which have their own regulations. Is the EU’s tool kit consistent and optimal in economic terms?https://tem.fi/en/-/miten-optimoida-eu-n-energia-ja-ilmastotoimet-
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Preparation of energy and climate policy scenarios When preparing energy and climate policy scenarios, each ministry is responsible for the projections concerning its own sector. The ministries work in close cooperation to ensure that sector-speci...https://tem.fi/en/preparation-of-energy-and-climate-policy-scenarios
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Energy The objective of energy policy is to proceed consistently towards a sustainable climate-neutral society, making use of the potential for growth. The principal tasks of the Ministry of Economic Affairs and Employment are to develop the energ...https://tem.fi/en/energy
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The European Commission issued its expected Fit for 55 package in July. The handling of proposals in the EU will begin when the autumn term starts. Alongside individual regulatory proposals, it is necessary to assess how the package affects economies as a whole and the deployment of new technologies. However, making these assessments is not always straightforward or easy.https://tem.fi/en/-/plenty-to-chew-on-in-the-eu-climate-package
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The European Commission will meet on 14 July to decide a record-breaking climate and energy legislation package. Known as Fit for 55, this package seeks to cut EU greenhouse gas emissions by 55 per cent of 1990 levels by the year 2030. The biggest challenge is to make the package a functional whole that allows for the huge investments required and for quality of regulation.https://tem.fi/en/-/eu-climate-package-in-danger-of-fragmentation
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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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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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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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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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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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The negotiations on the EU’s Clean Energy Package are getting close to being completed in a number of respects. In the quite heated trilogues in early summer agreement was reached on the directives concerning both energy efficiency and renewable energy. However, the directives must also be efficiently implemented by Member States. What does this mean for Finland in practice? What are the key challenges?https://tem.fi/en/-/vahvaa-kunnianhimoa-ja-saantelyn-sudenkuoppia-energiatehokkuuden-ja-uusiutuvan-energian-uudet-eu-velvoitteet
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Waste heat In Finland, it is estimated that about 130 TWh of waste heat will be generated, of which the amount of waste heat currently utilised as district heat is about 3 TWh. The potential for waste heat, which is still technically reasonably ex...https://tem.fi/en/waste-heat