Green Transition: A Factor for Finland’s Future Economic Prosperity

Finland has favorable factors for green transition investments, such as access to affordable energy, stable soil, ample space for development, and a skilled workforce. Despite challenges related to the reform of the EU’s state aid policy and competition with the US Inflation Reduction Act package, it is crucial not to give up on the green transition. The potential for export income from the green transition is significant, and efforts should be made to attract investments in this sector.

It is important to believe in oneself and utilize strengths to make these investments, as seen by the author. If Finland were to stop promoting green transition now, it would be dependent on energy production and price fluctuations from other countries in the future. This would necessitate a new economic structure to replace outdated industries that no longer meet society’s current needs.

Business Finland has made significant efforts in branding the country as an attractive destination for green investments. However, there are still challenges related to permit processes that need to be addressed to facilitate investment in the green transition. It is essential for stakeholders to work together to maximize Finland’s attractiveness for green investments and capitalize on the opportunities available.

It is important not to lose sight of the potential benefits that the green transition can bring to Finland in terms of export income and job creation. By addressing challenges such as permit delays and raising awareness about the opportunities in Finland, stakeholders can work towards realizing the full potential of green investments in the country.