The Role of Green Finance in Sustainable Energy Initiatives in Finnish Companies
Isaac, Nita (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2025061122442
https://urn.fi/URN:NBN:fi:amk-2025061122442
Tiivistelmä
Finland is on the cusp of some transformational changes when it comes to sustainability, while many others prefer profitability. It is well known that climate change, environmental degradation, and scarcity of traditional energy resources have been a growing concern globally. This thesis intends to highlight the immense potential green finance has in Finland and Europe by making a few improvements in policies.
While the study primarily focuses on the theoretical framework, direct feedback from various stakeholders has helped influence recommendations. This work has primarily examined the symbiotic connection between eco-friendly finance and sustainability, considering the roles of governments, financial institutions, corporates, and consumers, as well as the specific impact on SME’s. Key instruments analyzed are eco-green bonds, eco-green credit, and climate-neutral energy investment. This research employs a qualitative approach, delving into the perspectives, environmental values, and financial decision-making processes through in-depth interviews.
The findings demonstrate that green finance makes a significant impact on entities, especially SMEs, by cutting carbon emissions and accelerating the shift to sustainable energy. The study concludes that while green finance is a vital incentive for Finnish companies, SME’s could have a significant impact if they are better supported by providing access to sustainable funding, simplified processes, and policy support. The study also highlights that Finnish companies are already leading the way and can significantly catapult the impact by having more inclusive policies and schemes. A lot of the current practices and frameworks are fit for best practice adoption worldwide.
While the study primarily focuses on the theoretical framework, direct feedback from various stakeholders has helped influence recommendations. This work has primarily examined the symbiotic connection between eco-friendly finance and sustainability, considering the roles of governments, financial institutions, corporates, and consumers, as well as the specific impact on SME’s. Key instruments analyzed are eco-green bonds, eco-green credit, and climate-neutral energy investment. This research employs a qualitative approach, delving into the perspectives, environmental values, and financial decision-making processes through in-depth interviews.
The findings demonstrate that green finance makes a significant impact on entities, especially SMEs, by cutting carbon emissions and accelerating the shift to sustainable energy. The study concludes that while green finance is a vital incentive for Finnish companies, SME’s could have a significant impact if they are better supported by providing access to sustainable funding, simplified processes, and policy support. The study also highlights that Finnish companies are already leading the way and can significantly catapult the impact by having more inclusive policies and schemes. A lot of the current practices and frameworks are fit for best practice adoption worldwide.