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Ilmastorahasto / Climate Fund

Funds Finnish climate transition efforts by financing emissions reduction and green industrial shifts across sectors.

Finlandtem.fi
Annual funding
Programs1
Active grants0
Total grants1

Ilmastorahasto, or the Finnish Climate Fund, was Finland's wholly state-owned special assignment company under the Ministry of Economic Affairs and Employment. It was set up to finance climate action, low-carbon industrial change, and digitalisation that could cut emissions, and it operated as a state capital investor rather than a grantmaker. The fund was wound down in May 2024, and its functions

Tesi (Suomen Teollisuussijoitus)
Last verified: 29 May 2026Source: tem.fi