The Icelandic company Thor Ice Chilling Solutions has developed a unique cooling method to ensure that fresh products are effectively cooled throughout the processing stage, securing food safety, extending product shelf life and eliminating harmful bacteria without using chemicals.
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
Solar Water Solutions receives funding from Nefco to scale up solar-powered water purification in water-scarce countries
The unique battery-free zero emission desalination systems aim to revolutionise access to safe and affordable drinking water in rural areas. The green recovery financing from Nefco will enable Solar Water Solutions, a Finnish family enterprise, to speed up the internationalisation of its solar-powered water treatment technology.
Modern clean cooking technologies provide the greatest impact
Nefco and Sweden have undertaken an initiative, the Scaling of Clean Cooking Solutions Programme. A detailed scoping exercise was carried out in Zambia, Zimbabwe, Kenya, Mozambique, DRC and Tanzania, looking into ways to test the use of results-based financing and associated finance to incentivise the rollout of innovative, clean cooking solutions at scale.