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.
Action-focused dialogue between industry and public sector experts is needed to implement the EU strategy for sustainable finance in the Baltic-Nordic region.
Environmental Director Saara Vauramo, PhD believes that a black-and-white approach is never the right one. Not even when it comes to the environment.
Responsible investing is a worldwide phenomenon that is growing at a pace that is hard to fathom. The market is worth hundreds of billions – and soon trillions – of euros, writes Antti Kontio in the MuniFin blog.
In the city of Joensuu, new schools and nurseries are being built with ecological principles and green technology. The new policy has already proven effective in reducing the city’s substantial maintenance backlog and improving user experience. According to the City of Joensuu’s Head of Facilities Management Timo Korhonen, there is no going back to the old approach to construction.