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Finnish Climate Fund in 2022: EUR 79.9 million in investment decisions to further green transition

In 2022, the Finnish Climate Fund made 11 investment decisions totalling 79.9 million euros. The theoretical total cumulative ten-year emissions reduction potential of the investment targets is 101 Mt CO2-eq*. The Climate Fund’s investment decisions in 2022
Paula Laine Dataspace Europe Perttu Puro Taaleri Bioindustry Investment Council Finnish Climate Fund Board Of Directors

Climate Fund invests €10 million in Norsepower for accelerating emissions reductions in the shipping industry

The Finnish Climate Fund has decided on a capital loan of at most 10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. Norsepowers products save significant amounts of fuel and can enable emissions reductions measured in the millions of carbon dioxide tonnes during the next decade. Shipping emissions are a major climate challenge. Approximately 2.5% of global annual greenhouse gas emissions are generated by shipping, and shipping accounts for 13.5% of th...
Paula Laine Finnish Climate Fund Climate Fund Finnish Climate Norsepower Rotor Sail Climate Change

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