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​Finland is ranked the world’s 2nd most innovative cleantech country

​Finland is ranked the world’s 2nd most innovative cleantech country

Jun 13, 2017
Energy & resource efficiency
Renewables & smart grid
Bioenergy & biofuels

Finland is ranked as a world leading cleantech country in the 2017 Global Innovation Index. Finland retains 2nd place from 2014 in Cleantech Group and WWF's prestigious ranking of the most innovative cleantech countries. Overall Nordic countries dominate the 2017 Index, with Finland landing in between the leader Denmark and 3rd placed Sweden. 

Time and again Finland has proven to be one of the most innovative countries in the world. Finland was ranked 5th in the 2016 Global Innovation Index and 3rd in 2016 European Innovation Scoreboard while the new Global Innovation Index shows that Finland truly is a world leader in cleantech innovation. Finland was also selected as the greenest coutry in the world in 2016

Finland scores high in cleantech R&D and funding

One of Finland’s innovation cornerstones has been the country’s focus on R&D, which is also highlighted among key factors in the 2017 Index. Other Finnish strong points in the Index include Finland’s booming cleantech startup scene, the availability of funding, amount of renewable energy jobs, and M&A activity. 

Conversely, Finland has still ground to cover in attracting renewable energy investments while also cleantech imports and exports have a relatively low score.

2017 Global Innovation Index top 10 (2014 ranking)

1. Denmark (5)
2. Finland (2)
3. Sweden (4)
4. Canada (7)
5. USA (3)
6. Israel (1)
7. UK (6)
8. Germany (9)
9. Norway (14)
10. Switzerland (8) 

Source: Cleantech Group

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