MuniFin’s 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. In the Green Impact Report 2022, we summarise the impact of our green finance projects.

In 2022, MuniFin updated its Green Bond Framework. As part of the changes, we decided to start using only our own experts in project evaluation and incorporated EU Taxonomy requirements in the eligibility criteria. We believe this will increase our customers’ understanding of the objectives the EU seeks to achieve through the financial markets as part of its climate policy.

3.3

EUR bn

Outstanding amount of green finance

104,739

tCO₂

Annual CO₂ emissions avoided/reduced

263

Number of green projects

39,215

MWh

Annual energy savings (avoided/reduced)

Senior Specialist, sustainable finance

Rami Erkkilä:

“At the end of 2022, we had committed EUR 3,9 billion to financing our customers’ green projects and were steadily on our desired growth path. This is largely thanks to our highly committed customers, bold trailblazers who have chosen to open-mindedly adopt new solutions instead of settling for the old.”

Senior Specialist, sustainable finance

Rami Erkkilä:

“At the end of 2022, we had committed EUR 3,9 billion to financing our customers’ green projects and were steadily on our desired growth path. This is largely thanks to our highly committed customers, bold trailblazers who have chosen to open-mindedly adopt new solutions instead of settling for the old.”

Green finance project breakdown, number of projects

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