Seminar on Emissions Trade Policy and Practice in Finland and Hungary

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1 Seminar on Emissions Trade Policy and Practice in Finland and Hungary 27-28th April, 2006 Budapest Place: Collegium Budapest, 1016 Szentháromság u. 2. Mr. Juhani Paajanen Mayor of the City of Vantaa 1

Place: Collegium Budapest, 1016 Szentháromság u.

2 Suomi - Finland Area km 2 Tampere Oulu Inhabitants ( ) Men Women Foreign citizens Turku Espoo Vantaa Helsinki 2

1.2004) 5 220 000 - Men 2 553 000 - Women

3 Vantaa Suomi - Finland The fourth biggest city in Finland Inhabitants ( ) Area, km2 242,6 Inhabitants per km2 736 Municipal tax rate ,50 Traces of human habitation date back 7000 years First mentioned in a document in years older than the capital Helsinki Became an independent city in 1974 The coat of arms includes a fishtail as a reminder of the salmon in the River Vantaa 3

habitation date back 7000 years First mentioned in a document in 1351 200 years older than the

4 Vantaa s population from 1870 up to a forecast for 2020 residents * * *forecast 4

1960 41 906 1970 72 215 1980 129 918 1990 152 263 2000 176

5 Vantaa a city in change 5

6 City of Vantaa, Finland An advantageous location the fourth largest city in Finland budget 2004 approx M nearly inhabitants over employees in the Helsinki Metropolitan Area nearly 1 million inhabitants important Finnish logistic centre an international airport the E18 road links Scandinavia to Russia (Ring Road III) main roads from Helsinki to the north the main railway (1862) and the Martinlaakso line 6

000 employees in the Helsinki Metropolitan Area nearly 1 million inhabitants important Finnish logistic

7 VANTAA HITECH- Programme Vision Vantaa to be the best centre of expertise in the focus areas Mission To create jobs and strengthen the companies competitiveness 7

8 The International Hub of Finland 8

9 Vantaa Concept /RA Business Counseling Business service center -labour administration -municipalities -associations of interpreneures -companies Vantaan Hitech-program development program -companies -technology center -research institutes, universities Vantaa is an international centre for business operations, logistics and knowledge Business development unit and its network Serving companies by one stop shop principle -land use -housing production - education Regional Develpoment Programmes -Culminatum -Uusimaa Regional Council -TE-Centre; Employment and Development Centre Aviapolis Area marketing concept -companies and land owners 9

logistics and knowledge Business development unit and its network Serving companies by one stop shop principle -land use -housing production - education Regional

10 Established platforms for companies Electronics Forum Electronics Electria Pilot Factory International Center/ International Incubator Building Service centre Environment Telecom Forum Mobile Lab Telecommunication services RFid Lab Logistics Forum Logistics Centre of Expertiece Logistics Vantaa Wellness Center Wellness Forum Welfare products and services Logistics Round Table 10

Mobile Lab Telecommunication services RFid Lab Logistics Forum Logistics Centre of Expertiece

11 ClimBus - Business Opportunities in Mitigating Climate Change ClimBus Creating new business in the global market of climate technologies and services Programme duration: Programme volume: approx. 70 million euros Tekes provides approximately 50 % of the funding. Programme Manager: Ms. Jatta Jussila, Technopolis Plc Further information: 11 DM Copyright Tekes

approx. 70 million euros Tekes provides approximately 50 % of the funding. Programme Manager: Ms.

12 Focus areas of the programme Creating new business in the global market ClimBus N 2 O CO 2 Overall picture of the business opportunities F-gases CO 2 CH 4 Tekes programmes CO 2 CO 2 Clean energy production and biofuels Business services and service concepts Capture and utilisation of greenhouse gases Energy-efficient technologies Programme s of other financers Future technologies 12

energy production and biofuels Business services and service concepts Capture and utilisation of

13 Demand grows for products and services related to emissions trading ClimBus The trade and transfer of emission allowances and the portfolio management of emission allowance credits are new and challenging tasks for companies. Their administration requires information systems, communication services and various expert services, in addition to which advisory and training services are also much in demand. Companies with the fastest development of products and services, which meet the needs of the customer companies will be most successful in competitive markets. 13

Their administration requires information systems, communication services and various expert services, in addition to which advisory and

14 Examples of ClimBus projects that develop services related to emissions trading ClimBus Legal Frameworks for Emissions Trading in the European Union University of Joensuu Market Analysis and Risk Management of EU Emissions Trading - MARMET University of Helsinki Vantaa Energy is involved The ECO2 Development project, a service concept for emissions trading Empower Oy ja Power Deriva Oy CO2 and the internationalisation of the portfolio management of green certificates GreenStream Network Oy Price forecasting model for emission allowances (EU ETS model) Electrowatt-Ekono Oy Modelling and method study for energy production MOPSET UP Process Vision Oy 14

service concept for emissions trading Empower Oy ja Power Deriva Oy CO2 and the internationalisation of the portfolio management of green certificates GreenStream

Case Marja-Vantaa: Introduction of a new housing area

Case Marja-Vantaa: Introduction of a new housing area Nordic Cleantech Solutions 12.9.2008 Reijo Sandberg Project Director Marja-Vantaa Project City of Vantaa Vantaa - Vanda The fourth biggest city in