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Finland issues new Arctic strategy

News   •   Aug 30, 2013 15:56 BST

Photo: Flickr/vindoe40 – Finnish icebreaker SAMPO in Arctic

Finland hopes to lead the way in sustainable development in the Arctic region, according to a new strategy announced by the Finnish Government. 

All the eight Arctic countries have their own strategies for the region. Of these, Finland’s latest strategy is reportedly the most comprehensive in terms of scope, objectives and the tangible proposals for attaining these objectives. 

The updated strategy will be presented to Parliament in the form of a Prime Minister’s announcement in September.

Finland advocates the protection and ecologically sustainable economic and social development of the Arctic land and sea areas. In global climate negotiations, Finland supports ambitious emission reduction targets by highlighting issues related to climate change in the region.  

At the same time Finland is in a position to offer special expertise related to energy efficiency and renewable energy sources. The Arctic region needs new electricity transmission lines and decentralized energy production. 

The increased economic activity and industrial growth will provide major opportunities for Finnish cleantech expertise and companies engaged in this line of business. 

Source and further information: Good News from Finland