Question 1

In 2024, what percentage of new cars sold in Norway were fully electric, and what does this indicate about the country's progress towards its 2025 EV sales goal?

Accepted Answer

89%, indicating continued progress towards the 100% EV sales goal.

Question 2

Which Nordic country is projected to have a green hydrogen surplus by the late 2020s, positioning it as a potential export hub for Europe?

Accepted Answer

Denmark, Finland, Norway, and Sweden collectively

Question 3

As of mid-2024, which Nordic country had the largest operational installed capacity for battery storage, and what was the approximate figure?

Accepted Answer

Sweden, with over 500 MW

Question 4

In the context of sustainable finance, what key EU regulation, which went into effect in early 2021 and has ongoing reporting requirements, aims to prevent greenwashing by increasing market transparency?

Accepted Answer

Sustainable Finance Disclosure Regulation (SFDR)

Question 5

What is the projected CAGR for the Nordic energy storage market from 2025 to 2035, and which technology type is expected to lead this market in 2025?

Accepted Answer

13.7%, led by Battery Energy Storage Systems (BESS)

Question 6

In Finland's forestry sector, what significant shift has occurred since 2021 regarding the country's forests in relation to carbon neutrality goals?

Accepted Answer

Forests have transitioned from carbon sinks to carbon sources.

Question 7

Lyten has acquired Northvolt's battery operations in Sweden. What is the approximate value of these acquired Swedish battery assets, and what is a key feature of Northvolt Labs in Västerås?

Accepted Answer

$5 billion; it's described as the largest battery research and development center in Europe.

Question 8

What is the primary focus of Denmark, Finland, and Sweden's approach to hydrogen production, and how does Norway's approach differ?

Accepted Answer

All focus on green hydrogen via electrolysis; Norway diversifies with natural gas for blue hydrogen.

Question 9

In the Nordic M&A landscape, how do Nordic financial investors typically utilize ESG due diligence findings compared to their global counterparts?

Accepted Answer

They use them more extensively to establish post-closing strategies and drive financial returns.

Question 10

What was the approximate total YTD issuance volume of sustainable bonds from Nordic issuers in 2024, and what share did this represent of total bond issuance?

Accepted Answer

EUR 57 billion, representing 23% of total issuance.

Question 11

Regarding Norwegian salmon farming, what are the two biggest environmental challenges currently faced by the industry, as highlighted by government strategy?

Accepted Answer

Escaping fish and salmon lice.

Question 12

What is the projected growth rate (CAGR) for Sweden's wind energy market between 2026 and 2031, and which segment is expected to lead this growth?

Accepted Answer

42.6%, led by offshore wind

Question 13

In 2024-2025 year-to-date, how has the performance of companies with better ESG ratings compared to those with worse ratings in the Nordic region, according to Nordea's assessment?

Accepted Answer

Companies with better ESG ratings outperformed by 6% annually.

Question 14

What is the key overarching theme in sustainable finance for the next decade, according to Nordea's Sustainable Finance Advisory team?

Accepted Answer

Transition Finance

Nordic Green Shift: EV Dominance, Hydrogen Hubs, and ESG Investment Surges

More Flashcards Study Sets