Legislative
The Climate Change Act intends to create a bottom up, long-term, consistent and cost-effective climate policy through enabling political decision making and its transparent implementation (Mitigation and Adaptation). To build a low carbon society, the act proposes to reduce Finland’s emissions by 80% of the 1990 levels by 2050. The law exempts EU ETS from its remit. It aims to increase the efficiency of the public sector to improve smart “societal planning” while retaining the competitiveness of the economy in achieving the targets without imposing new obligations on businesses or others.