Cleantech Finland

Cleantech Finland

Cleantech Finland is a Finnish national project, backed by the Government of Finland and created as part of Finland’s National Action plan to develop the country’s environmental business.[1][2] The network aims to bring together expertise from Finland's clean technology industry and research and to support clean technology companies internationally.[3][4] Cleantech Finland is owned by the Confederation of Finnish Industries (Finnish: Elinkeinoelämän keskusliitto or EK).[5]

Cleantech Finland's concept is based on the Finland’s “national action plan for environmental business”, which has been developed by representatives of the Finnish Government, such as the Finnish Ministry of Trade and Industry (now the Ministry of Employment and the Economy), the Ministry of Environment, other research and innovation agencies, environmental organisations and universities in 2006. The ownership of Cleantech Finland was moved from SITRA to the Confederation of Finnish Industries in December 2008.[6]

Contents

Management

Cleantech Finland is managed by Finpro (an association providing internationalization services for Finnish small and middle-sized enterprises), and through Finpro’s global network, Cleantech Finland has offices in 40 countries.

Cleantech Finland seeks to provide a contact and cooperation platform for clean technology companies and organizations operating in following clean technology branches:

Purpose

The purpose of Cleantech Finland is to provide a global network of clean technology expertise. In Finland alone, the highly diversified cleantech sector comprises approximately 2,000 enterprises.

Cleantech Finland serves as an umbrella corporation and coordinator in internationalization efforts, such as conferences and seminars. Additionally, it aims to build contacts between environmental technology companies and national - as well as international - stakeholders.

In order to support its member organizations in financing their environmental research projects, Cleatech Finland is co-operating closely with numerous government-backed innovations support and finance organizations, of which the Finnish Funding Agency for Technology and Innovation (Tekes) and Finnish Innovation Fund (SITRA) are the most notable.

Background

Cleantech Industry

Cleantech is a concept, which comprises knowledge-based products and services that improve operational performance in terms of sustainable development by using limited or zero non-renewable resources and creating significantly less waste than conventional technologies.[7] A driving force behind cleantech concept is the growing concern of corporations and consumers about climate change and environment, energy costs, as well as energy security.[8] Motored by political, environmental, and economic developments, the industry has globally attracted increasing amount of venture capital investments with strong exit potential and it has brought new technologies to the markets. International Energy Agency (IEA) calculates that the world will need to spend $46 trillion between now and 2050 to be sure half of all electricity comes from renewable sources. This includes improving energy efficiency.[9]

Clean technologies in Finland

Finland’s greenhouse gas emissions per capita and energy consumption per capita are both one of the highest in the world. This is particularly due to energy intensive industry (particularly paper and pulp industry), cold climate, and long distances. Finland has no natural oil and gas reserves, and also hydropower capacity is in comparison to neighboring Norway and Sweden. Energy efficiency and energy security issues combined with the Finns’ economic dependency on clean nature have forced the Finns to seek for innovative energy and other green technology solutions.

Finland has been a leading innovator across multiple sectors. R&D investments amount to roughly 4 per cent of GDP, positioning Finland as having the third-highest R&D funding of any country in the world as a percentage of GDP. That funding is targeted at cutting edge opportunities, especially in power electronics, clean combustion technologies, and environmental monitoring and utilizing ICT in cleantech.[10]

References

  1. ^ SITRA: Cleantech Finland - improving the environment through business". Retrieved April 08, 2011.
  2. ^ SITRA: Innovative Technologies for Clean Innovation.". Retrieved April 08, 2011.
  3. ^ "Cleantech Finland". Cleantech Finland. http://www.cleantechfinland.com/. Retrieved 10 April 2011. 
  4. ^ "Finland eyeing cleantech dominance". Engineering News. http://www.engineeringnews.co.za/article/xxx-2009-05-15. Retrieved 08 April 2011. 
  5. ^ "Confederation of Finnish Industries". Cleantech Finland. http://www.ek.fi. Retrieved 10 April 2011. 
  6. ^ "Promoting Finnish environmental expertise globally". EK. http://www.ek.fi/www/en/index.php?we_objectID=8738&pid=34256. Retrieved 27 April 2011. 
  7. ^ "Responding to Climate Change 2010.". RTCC. http://www.rtcc.org/2010/html/index.html. Retrieved 09 April 2011. 
  8. ^ PriceWaterhouseCoopers (2008): Cleantech Comes of Age.". Retrieved April 08, 2011.
  9. ^ "How Big Is The Clean Tech Market?". Techpulse 360. http://techpulse360.com/2010/07/02/how-big-is-the-clean-tech-market/. Retrieved 27 April 2011. 
  10. ^ "The Top 10 Reasons Finland is a Cleantech Leader.". Helsinki Times. http://www.helsinkitimes.fi/htimes/helsinki/business-hub/13554-the-top-10-reasons-finland-is-a-cleantech-leader.html. Retrieved 09 April 2011. 

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