June 13, 2017

Finnish cleantech innovation ranks highly

Global efforts to curb climate change have increased significantly since the Global Cleantech Innovation Index was first published in 2012.
Global efforts to curb climate change have increased significantly since the Global Cleantech Innovation Index was first published in 2012.
istock.com/R-J-Seymour

Finland has placed second out of 40 countries in the Global Cleantech Innovation Index 2017, compiled by the World Wide Fund for Nature (WWF) and Cleantech Group.

The Nordic countries dominated the Global Cleantech Innovation Index (CCII), where Denmark came in first place, followed by Finland and Sweden rounding out the top three.

The CCII programme investigates where it is most likely for new cleantech companies to emerge and thrive, with Finland keeping its second place and Denmark moving up from fifth to the top spot since the previous CCII publication in 2014.

“The Nordic countries have the prerequisites to become the Silicon Valley of innovation, where new technologies are born, develop and go out to the world,” says Liisa Rohweder, secretary general of WWF Finland.

“We encourage policymakers to remove the last bottle necks, so the wonderful Finnish cleantech-solutions could be used at home and abroad. In addition, policy must be more supportive in anchoring foreign investment in renewable energies to Finland,” Rohweder points out.

Attracting foreign investment in renewable energies is indeed something Finland needs to work on, as only Russia, Greece and Indonesia scored lower. On the other hand, Finland is exceptionally strong in emerging cleantech and has a large number of patents. Renewable energy jobs also abound in the country.

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