Just some 40 km away from the military conflict zone in Eastern Ukraine, more than 60,000 inhabitants will benefit from improved safety as a result of updated street lighting and installed traffic lights.
Accelerating the green transition
Our task is to accelerate the shift to green. We do this by financing the initial scale-up of Nordic environmental and climate-friendly solutions in international markets. We are ready to take financial risks if there is a green upside.
Green financing the Nordic way
Nefco has been financing green projects since 1990
Number of projects that have been or are being financed
New projects agreed in 2020
Total sum of funds managed at the end of 2020
More than 600 Nordic SMEs have received financing for internationalisation
Environmental Hot Spots are high on the agenda of the Barents Cooperation
The environment continues to be a high priority for the Barents cooperation. The cooperation to reduce environmental pollution has borne fruit and a number of environmental hot spots have seen positive development since the work started in 2003. Further improvements will be on the agenda at the 100th meeting of the Subgroup on Hot Spots Exclusion to be held on 7 April.
Nefco invests in Bank Lviv to support the green transition in Western Ukraine
The National Bank of Ukraine has approved the acquisition of 13.94% of newly issued shares in Bank Lviv by the Nordic Environment Finance Corporation (Nefco). The aim of Nefco becoming a direct shareholder of the bank is to support the green transformation in Western Ukraine.
Icelandic company D-Tech receives financing from Nefco to bolster a sanitation solution for sustainable food processing
With more than 15 years of experience, D-Tech will scale-up its innovative disinfection sprinkler system in UK and Lithuania while strengthening its activities in Eastern Europe and Scandinavia.
Funding opportunities for emerging markets "Rahoitusmahdollisuudet kehittyville markkinoille"
Webinar about funding opportunities for Finnish companies interested in growth opportunities on emerging markets. Register at the event site and hear more about available financing sources and instruments. Nefco is taking part in the event.
Policies and investments for a climate smart Barents Region
How can the Barents Region contribute to the implementation of the Paris Agreement and become a climate smart society by 2050? What new policies and measures are necessary? Register for the webinar to hear more about these and other Barents topics.