Goal 1: The green and digital transition must be accelerated

Co-operation to accelerate the green and digital transition may take the form of initiatives that aim to generate new knowledge and provide input on the development, preparation and evaluation of business policy measures in each of the individual countries, and the further development of Nordic positions of strength. In addition, it can also support the dissemination of good examples and experiences, pilot projects and analyses that can contribute to securing better terms and greater levels of competitiveness for Nordic businesses. The use of digital solutions, co-operation on cyber security and other issues relating to digitisation can be addressed under the scope of the Council of Ministers for Sustainable Growth and in collaboration with other Councils of Ministers (such as MR-DIGITAL) where relevant. 

Access to finance is a central issue for Nordic businesses and not least when it comes to the development of green and innovative solutions. Focus may be placed on specific stages of growth, from start-ups to scale-ups, and on specific sectors. Nordic co-operation on access to finance must be based on identified market failures and well-defined areas within which trans-Nordic measures can complement existing national and international measures/instruments. Focus may be placed on identifying obstacles to growth and the individual sectors within which Nordic co-operation can contribute to positive development. It may also be relevant to pursue more targeted Nordic co-operation on development and innovation financing – e.g. programmes/instruments at the EU/EEA level.