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Employment in tourism In 2023, there were 146,600 employed people in tourism. Tourism accounted for 5.3 per cent of all employed persons. The sector also has very significant multiplier effects on other sectors, such as construction, transport and...https://tem.fi/en/employment-in-tourism
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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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Ministry of Economic Affairs and Employment The Ministry of Economic Affairs and Employment (former The Ministry of Employment and the Economic) started operations on 1 January 2008. The Government Programme of Prime Minister Matti Vanhanen’s seco...https://tem.fi/en/history
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Pilot projects of the data economy growth programme Two pilot projects were already selected during the preparation phase of the growth programme. At least one more pilot project will be selected by the end of June 2025. Automation of the Port of ...https://tem.fi/en/pilot-projects-of-the-data-economy-growth-programme
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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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Arctic Policy There is an increasing interest in the Arctic region and the economic opportunities offered by the region. The Arctic economy positions itself in relation to broader global markets and issues in many respects. The importance of Arcti...https://tem.fi/en/arctic-policy
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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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Icebreaker Collaborative Effort ICE Pact Overview On 13 November 2024, Finland, the United States and Canada signed a Memorandum of Understanding on the Icebreaker Collaboration Effort (ICE Pact) initiative in Washington. With the initiative, the ...https://tem.fi/en/icebreaker-initiative-ice-pact
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Implementation project on the Economic Development Centres Note! The project has ended and the content of this page will no longer be updated. The implementation project on the Economic Development Centres prepared the establishment of 10 new regi...https://tem.fi/en/implementation-project-on-the-economic-development-centres
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Economic Development Centres At the beginning of 2026, a reform entered into force where the operations of regional state administration were organised into ten Economic Development Centres with offices in each region. The Economic Development Cen...https://tem.fi/en/economic-development-centres
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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 Advisory Board on the Creative Economy is an expert advisory body for business development in the creative economy. Its activities are coordinated by the Ministry of Economic Affairs and Employment and the Ministry of Education and Culture.https://tem.fi/en/project?tunnus=TEM084:00/2024
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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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Employment Employment has a central role in economic growth, people’s well-being and the sustainability of the public economy. Well-functioning labour markets and Finland’s good position in the international division of work and competition will s...https://tem.fi/en/employment
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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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System integration - a new key theme for energy policy - Ministry of Economic Affairs and Employment
Climate neutrality requires that we stop using fossil fuels and increase the use of intermittent renewable energy. Different energy systems should be strongly interlinked to secure the functioning of energy systems and improve their efficiency, with due consideration for the large-scale needs of industrial production. However, we must also beware of the pitfalls on the long path towards sector integration.https://tem.fi/en/-/system-integration-a-new-key-theme-for-energy-policy -
Russian attack on Ukraine Russia launched an attack on Ukraine on 24 February 2022. Finland has strongly condemned Russia’s military actions in Ukraine and supports Ukraine’s independence, sovereignty, self-determination and territorial integrity....https://tem.fi/en/russian-attack-on-ukraine
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Finland receives assistance from two structural funds in the EU: the European Regional Development Fund and the European Social Fund.https://tem.fi/en/eu-structural-funds
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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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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