The project involves examining the impacts of different implementation options for post-2030 EU climate policy architecture on Finland’s emissions, costs, public finances and chances of meeting national emissions targets. The project will also assess how Finland could best combine additional national measures with EU-level schemes to meet national targets and maximise the impact on EU emissions. The project will also explore the role of technological carbon sinks in EU climate policy.
From the architecture, about five or six potential scenarios will be selected, all of which are realistic yet as different as possible, covering the range of possible policy actions. The project will model emissions in the EU and Finland using a tailor-made emissions trading model, based on earlier work by the Finnish Climate Change Panel. The project will also include a broader assessment of the legal architecture for achieving the 2040 climate target. The assessment is, in terms of reviewing instrument options, a qualitative analysis of the alternatives available for developing the legal architecture that goes beyond just modelling focused on emissions trading.
- Project results estimated to be complete: December 2025
- Panel member responsible: Professor Lassi Ahlvik
- Involved in the project: VTT Technical Research Centre of Finland, the University of Eastern Finland and the University of Helsinki