Finland: government proposal to revise renewable fuels transport targets

On September 25, 2024, the Finnish government presented a proposal to Parliament to revise the targets for renewable fuels in the transportation sector between 2025-2027. The proposed amendments to the Act on the Promotion of the Use of Renewable Fuels in Transport suggest a more gradual increase in the statutory distribution and additional obligations compared with the current program. These changes are also intended to align with the EU's Renewable Energy Directive (RED III), helping the Finnish transport sector meet the renewable energy goals for 2030 as outlined in the directive. The Act is part of the transposition of RED III into Finnish law, ensuring compliance with EU regulations while advancing na