Developing the Finnish welfare state was the purpose for the establishing of Municipality Finance in 1989. MuniFin is the only financial institution in Finland specialised in the financing of the municipal sector and non-profit housing sector.
MuniFin started to offer green finance – loans and leasing – for the environmentally friendly projects of its customers in the beginning of 2016. Green finance is offered to selected projects that promote the transition to low-carbon and climate resilient growth. These projects seek to mitigate or adapt to climate change.
MuniFin's administration and policies are constantly developed to answer the needs of the owners, customers, investors, staff and increasing regulation.
On 7 March 2019 MuniFin published its Annual Report 2018. At the same time the company published its second responsibility report and a separate green bonds impact report.
What is MuniFin all about?
CICERO and Stockholm Environment Institute (SEI) have revised the Second Opinion of MuniFin’s Green Bond Framework. The revision follows a slight amendment in the framework, streamlining the selection criteria for sustainable buildings.
Action-focused dialogue between industry and public sector experts is needed to implement the EU strategy for sustainable finance in the Baltic-Nordic region.