Mon. Dec 5th, 2022

Helsinki, 14 September 2022

The Climate Policy Roundtable will hold its 17th meeting on Thursday 15 September. The main topics are solutions to energy crisis and green transition. The Roundtable is chaired by Prime Minister Sanna Marin.

The war launched by Russia has increased the need to speed up the green transition and phase out fossil fuels even faster. The prices of energy, especially natural gas and other fossil energy, have risen in Europe, and in Finland as well. This has broad consequences, including for the price of electricity. Electricity prices are expected to continue to rise during next winter, which may have serious impacts on both households and businesses.

At its meeting, the Climate Policy Roundtable will discuss the key measures by which we can stabilise the energy market and promote the green transition, both in the short and long term. Besides this, the Roundtable will discuss how the different perspectives of justice should be taken into account in the energy crisis and in phasing out fossil energy.

In the budget session this autumn, the Government outlined a number of measures to compensate households for the sharp rise in electricity prices. In addition, the Government has proposed EUR 10 billion in emergency funding to energy companies that have run into difficulties due to the growing collateral requirements. Within the EU, there are also discussions on different kinds of measures to find solutions to the energy crisis. In Finland, the State is launching a campaign that will encourage private individuals, companies, NGOs and other entities to reduce their energy consumption. In the coming winter the Senate Group that manages the State-owner properties will implement an extensive energy savings programme that contains different kinds of measures to save heat and electricity.

The Climate Policy Roundtable brings together a broad spectrum of stakeholders from different sectors of society. The purpose of the Roundtable is to create a common understanding of how Finland can make a just transition to a carbon neutral society by 2035. With its work, the Roundtable supports the preparation and implementation of Finland’s national climate policy.

Source – Finnish Government

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