Scheme to support investment in strategic sectors and industrial decarbonization

The policy provides tax credits under the EU’s Temporary Crisis and Transition Framework to support large-scale clean transition investments in Finland, targeting renewable fuel production excluding electricity, industrial decarbonisation, and clean technology manufacturing, including hydrogen and electrolysers. Companies receive a tax credit equal to 20% of eligible investment costs, with credits applied over 19 years from 2028, for a maximum 20-year period in total. Projects had to involve at least EUR 50 million in investment and be approved by the end of 2025. In January 2026, Finland announced that all funding decisions had been made, with EUR 2.3 billion in tax credits awarded to 40 companies. Electricity generation from renewables is explicitly excluded. 

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