Green project ideas occur these days all the time, very often embracing the themes of circular economy, bioeconomy and clean technologies. While we perceive these developments across the globe, Northern Finland is no exception from that. In February 2020, in the Ii municipality in Northern Ostrobothnia diverse actors met and widened their perspectives of how green capital from global investors could be utilized to finance regional energy, forestry and other sustainability projects. The host Micropolis in cooperation with Arctic Values organized a green investments workshop and participants had the opportunity to learn about green financial instruments as capital sources and going beyond traditional funding sources, such as, the pools from the European Union, which require applicants to enter strong competitions.
Micropolis strives for the development of technology businesses in Northern Europe and is over the recent years proactively supporting green growth businesses. The institution is responsible for strong sustainability performance in local and regional perspectives. Moving forward with the theme of green investments in this respect is meaningful for various reasons. Therefore Adrian Braun, founder of Acrtic Values presented in multiple sessions green financial products, such as, green bonds and impact bonds and introduced what the investment community expects to receive in terms of information before allocating capital into a project. Particularly, the ESG-concept (Environmental, Social, Governance) has to be taken into account in this regard. Questions arised among participants about time frames how long it may take to issue green bonds on stock exchanges and how to provide the necessary data that investors often inquire. Answers to these questions are often case-dependent and it is beneficial to focus on these issues in early stages of a project. For further information, please contact Arctic Values founder Adrian Braun.
E-Mail: adrian.braun@arctic-values.com