Finland has officially spoken out against the draft EU Taxonomy regulation, stating that the proposed biomass classification does not align with the country's national interests. The Taxonomy regulation includes rules that describe the situations (conditions) under which an economic activity is or is not considered "green". In April 2021, the so-called "climate delegated act" examined and included a large portion of economic activities, determining which of them are "sustainable", "transitional", or "enabling" in the context of climate change mitigation. In September 2021, EU countries decided to extend the deadline for reviewing the draft.

In Finland, it was concluded that several of the regulation's technical criteria conditions applicable to forestry are unclear and open to broad interpretation. For example, the Finnish government disagrees with the proposal to "exclude forestry from the taxonomy". As is well known, forestry accounts for about 20% of Finland's export revenue. Implementing the rules of the Taxonomy draft will increase the obligations of forest managers, for instance, by further monitoring the sustainable management of forests, thereby increasing bureaucracy without providing confidence that additional monitoring or other actions will in any way influence climate change.