Board of Directors and Investment Council appointed for the Finnish Climate Fund

The Ministry of Economic Affairs and Employment has appointed a Board of Directors and an Investment Council for the Finnish Climate Fund. The term for both the Board and Investment Council begins December 21st 2020.

In accordance with the Limited Liability Companies Act and the Corporate By-Laws, the Climate Fund’s Board decides on the company’s strategic direction, operational model and the company’s investments. If the company’s investment exceeds 20 million euros, the investment decision must also be supported by the Ministerial Committee on Economic Policy.

Perttu Puro has been appointed as Chairman of the Board and Petri Peltonen as Vice Chairman.

Other Board members are:

  • Mirva Antila
  • Kari Hämekoski
  • Mammu Kaario
  • Juho Korpi
  • Erja Turunen

Made up of representatives from central ministries, the task of the Climate Fund’s Investment Council is to ensure that the company’s actions are in accordance with the Finnish government’s goals and that it takes into account the developments in its operating environment. The Investment Council does not handle individual investment or divestment decisions.

Climate Fund’s Investment Council members for the term 2020-2022 are:

The Ministry of Economic Affairs and Employment
Member: Ilona Lundström
Substitute: Sampsa Nissinen

The Prime Minister’s Office: the ownership steering department
Member: Maija Strandberg
Substitute: Petri Vihervuori

Ministry of Finance
Member: Ilari Varjus
Substitute: Johanna von Knorring

Ministry of the Environment
Member: Juhani Damski
Substitute: Leena Ylä-Mononen

Ministry of Transport and Communications
Member: Sanna Ruuskanen
Substitute: Atro Andersson

More information:

Saara Mattero, Public Affairs Director
0400 114 777
saara.mattero@ilmastorahasto.fi

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