In April 2024, the Finnish Government discussed the General Government Fiscal Plan for 2025-2028, unveiling a plan to expedite industrial investments with a temporary tax credit. This initiative targets large industrial investments supporting the shift to a net-zero economy, with a focus on projects related to hydrogen, batteries, and fossil-free steel. The proposed law aims to boost Finland's competitiveness in attracting industrial investments and foster the growth of a clean transition industrial ecosystem within the country. The tax credit is aligned with the European Commission's temporary state aid framework to support green transition in EU Member States. Eligible projects, with a minimum investment size of EUR 50 million, encompass various areas such as renewable energy production, storage, decarbonisation of industrial processes, and essential equipment for achieving a climate-neutral economy. The tax credit, limited to 20% of investment costs and capped at EUR 150 million per company, is structured to be utilized by 2028, with a maximum annual usage of 10% and a requirement to exhaust the credit within 20 years. Projects that extend beyond 2028 can only access the tax credit upon completion. The proposal was open to feedback until October 11, 2024, and is expected to be urgently presented to the Parliament for approval prior to the next parliamentary session break.