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Manan Chordia

Finland's Leading Role in Carbon Neutrality: A Global Milestone

In a remarkable journey towards carbon neutrality, Finland, a nation of 5.5 million, is setting a global example. Renowned for its happiness, education, and now sustainability, Finland strives to achieve carbon neutrality by 2035, outpacing the majority of European nations with its ambitious target. This path places Finland fourth worldwide, behind only countries that have already achieved carbon neutrality or are on the cusp.


Finland's shift towards carbon neutrality is anchored in several key factors. The country boasts comparatively low fossil fuel consumption, constituting just 36% of its total energy supply in 2021—well below the 70% average for International Energy Agency (IEA) member nations. A significant contributor to this is Finland's utilization of nuclear power, which generates about one-third of its electricity. This figure is poised to rise with the operation of Europe's largest reactor, Olkiluoto 3, launched in April 2022, projected to satisfy 14% of the nation's electricity needs.


However, Finland faces critical challenges on its path to carbon neutrality. In 2021, its land use and forestry sector reversed its historical role as a carbon sink, transitioning into a net emissions source due to extensive harvesting and sluggish forest growth. This transformation amplified Finland's net emissions, intensifying the imperative for emissions reductions across other sectors, according to the government's assessment.


Finland's pursuit of carbon neutrality marks a significant global milestone. Despite its relatively modest population, the nation's commitment to sustainability sets an example for larger countries to follow. The proactive measures taken in energy transition, particularly through nuclear power, illustrate the potential for substantial change. However, Finland also recognizes the need to address the challenges posed by its land use and forestry sector, underlining the complexities involved in achieving carbon neutrality. Nevertheless, Finland's dedication to a sustainable future is a testament to what can be achieved, inspiring hope for humanity's collective efforts to combat climate change.

 

Source: Shine, Ian. World Economic Forum. "Finland is on track to meet some of the world's most ambitious carbon neutrality targets. This is how it has done it". https://www.weforum.org/agenda/2023/06/finland-carbon-neutral-2035-goals/. Jun 1, 2023. [Accessed: June 3, 2023].


Edited by Yash Pincha

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