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Act on the state-owned limited company Climate Fund Ltd (No. 173 of 2023).

Country
Type of law
Legislation
Source

Abstract
The present Act contains provisions on the state-owned limited company Climate Fund Ltd. The purpose of Climate Fund Ltd. shall be to engage in capital investment activities and other financing operations, aiming to promote the fight against climate change, accelerate carbon neutrality within the industry, and advance digitalization in Finland. The company's shall achieve this purpose by: 1. Providing financing in the form of equity and borrowed capital as well as interim financing; 2. Establishing and investing in funds, and; 3. Buying, selling, owning, and holding shares, company shares, and similar interests as well as securities and real estate. The Act contains specific provisions on the company's obligation to provide information; financial operating principles; provision of state funds; relation to general administrative laws; etc.
Date of text
Entry into force notes
20 February 2023.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Laki Ilmastorahasto Oy -nimisestä valtion kokonaan omistamasta osakeyhtiöstä.