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Factsheet: Act on Financing of Sustainable Forestry
Act on Financing of Sustainable Forestry
Key Information
Country/Region:
European Union
›
FINLAND (SUOMI)
Full name of Instrument & Measure (English):
Act on the Financing of Sustainable Forestry
Full name of Instrument & Measure (native language):
Kestävän metsätalouden rahoituslaki
Description:
Financing from the annual appropriations included in the State budget in the form of aid and loan shall be allocated for measures which promote the sustainable management and use of forests in accordance with the Forest Act (1093/1996) as provided in this Act. The measures referred to in subsection 1 above are: 1) ensuring the sustainability of timber production; 2) maintaining the biological diversity of forests; 3) forest ecosystem management projects; and 4) other measures in support of the activities referred to in subsections 1-3.
Goal/Aim:
Stimulate sustainable forest management.
Type (and subtype) :
Economic/financial instruments
›
Investment Subsidies
Sector/Topic targeted:
Forestry
Responsible Authority:
Ministry of Agriculture and Forestry
Status:
In force
Year Instrument & Measure Started:
1997
Year Last Instrument & Measure was last Amended:
2007
Contact References
Links:
http://www.finlex.fi/en/laki/kaannokset/1996/en19961094.pdf
http://www.finlex.fi/fi/laki/ajantasa/1996/19961094
Contact of Responsible Authority:
http://www.mmm.fi/en/index/frontpage.html
Completed by:
VTT
Completed on:
September, 2014
Advanced Information
Feedstock type targeted:
roundwood/sawnwood
forestry byproducts/residues (tops, branches, bark, stumps)
Product type targeted:
Bioproducts (fibres, plastics, fertilisers,...)
Food/feed products
Paper and Cardboard products
Electricity
Wood products
Heating/Cooling
Combined Heat and Power
Biofuels (transport)
Value Chain:
Primary production (incl. harvesting)
Environmental Sustainability Requirements:
Specifications for the density and stem size and number for the remaining forest.
Material Hierarchy:
Based on market prices between industrial roundwood and energy wood; residues merely for energy.