Finnish farmers will have to pay a fee for the potential environmental damage caused by their animals

Published 2024년 10월 30일

Tridge summary

Finland is introducing an environmental damage levy from 2025, which will be imposed on heavy industry and agriculture to prevent the state from funding pollution damages. The money collected will be stored in an Environmental Damage Fund, which will be used for compensation, prevention, and remediation of environmental damage. The levy will apply to industries such as mining, steel, livestock farms with a certain number of pigs or cows, food industries, feed factories, agricultural input factories, slaughterhouses, and dairies. A one-time fee of 400 euros and an annual fee ranging from 200 to 30,000 euros will be charged from 2025 and 2026 respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From 2025, Finland will introduce a levy on environmental damage. According to the Finnish Ministry of the Environment, the idea is that the state will not have to pay for the environmental damage caused by polluters from its budget. It should be noted that this levy is not a fine, i.e. it is not applied for having polluted, but is based on the possible risk of pollution and is always applied. The money raised goes into an Environmental Damage Fund, which will be used, among other things, to compensate for environmental damage and cover the costs of prevention and remediation. This levy applies to heavy industry, such as mining or steel, but the agricultural sector will also be affected by the payment of levies, particularly livestock farmers. According to the Finnish ministry, the fees will apply to pig farms with more than 2,000 places for fattening pigs weighing more than 30 kilograms or more than 750 sows, as well as poultry farms with more than 40,000 places, which will have ...
Source: Agrodigital

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.