Finland

The European Investment Bank (EIB) is providing a €400 million financing package to help the Finnish capital Helsinki build a tramline to three suburbs, construct a new tram and bus depot, purchase new trams, and add pathways for cyclists and pedestrians. The EIB support involves loans of €150 million to the City of Helsinki and €250 million to metropolitan transport company Metropolitan Area Transport Ltd (Pääkaupunkiseudun Kaupunkiliikenne Oy) for the “Crown Bridges Light Rail” project.

Almost all Finnish firms (99%) have taken action to reduce greenhouse-gas emissions, which is higher than the EU average (91%), according to the European Investment Bank (EIB) Group Investment Survey country results released today. The survey for Finland also shows that 49% of Finnish firms see the transition to stricter climate standards and regulations as an opportunity, compared to 27% on average in the EU.

The European Investment Bank (EIB) Group’s financing in Finland more than doubled to €2.3 billion in 2024, with the bulk of funds aimed at accelerating the green transition and business innovation in the country. The EIB Group’s pledges last year represent a 132% increase from €992 million in 2023.