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European Commission Approves Finnish State Aid Scheme to Foster Transition to a Net-Zero Economy

20 February 2025

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Approved Changes

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European Union-Finland

The European Commission has announced its approval of a Finnish State aid scheme to foster the transition to a net-zero economy. Under the scheme, the aid will take the form of a tax credit for investment that is available to all sectors, except credit institutions and other financial institutions. The Commission does not provide details on the tax credit, although Finland's Ministry of Finance announced last year that it planned to allow a credit for up to 20% of qualifying investment costs, with a maximum credit of EUR 150 million per company. Further details on the implementation of the aid...