Other regions

Nefco is financing and implementing pioneering projects around the globe that support ambitious climate action, a healthier Baltic Sea and sustainable development in Sub-Saharan Africa.

Clean energy access in Africa

Solar home system for indoor lighting in Zambia

The Beyond the Grid Fund for Africa (BGFA) is bringing clean and affordable off-grid energy solutions to millions of people in Sub-Saharan Africa.

Read more about the BGFA programme

Clean cooking solutions in Africa

The trailblazing Modern Cooking Facility for Africa (MCFA) utilises green financing with the aim of scaling access to modern energy cooking solutions for over 3 million people.

Read more about the MCFA programme

Grants for a healthy Baltic Sea

Archipelago in the Baltic Sea

We are helping to improve the ecological wellbeing of the Baltic Sea by financing demonstration projects from both public and private entities.

Read more about the Baltic Sea Action Plan Fund

Accelerating ambitious climate action

Man and young woman cycling across bridge on a cloudy day_Nefco-Nordic Green Bank

The Nordic countries have played a pioneering role in fostering positive climate goals. The new initiative strives to demonstrate how international partnerships can support, scale up and accelerate ambitious climate action, promote sustainable development and harness private sector finance and innovation.

Read more about the Nordic Initiative for Cooperative Approaches

Key figures for all programmes

1.44m

energy connections by 2028 (is the goal of the BGFA)

3m

people in Africa with access to clean cooking solutions by 2027

€19.9m

funds committed at end 2022

6.9%

of total active portfolio

Modern Cooking Facility for Africa enlarges its portfolio in Zambia

Photo: A woman using a Supamoto cookstove in Zambia – Emerging Cooking Solutions Zambia

A new agreement has been signed between MCFA and Emerging Cooking Solutions Zambia Limited, a local company selling and renting clean cookstoves which expects to benefit up to some 143,000 Zambians in peri-urban and urban areas of the country.

Read more

Shipwrecks and hazardous substances in the Baltic Sea

BSAP Fund shipwrecks in Baltic Sea

The Estonian Police and Border Guard is surveying potential environmental damages of shipwrecks to marine ecosystems in the Baltic Sea with a grant from the Baltic Sea Action Plan Fund.

Read more

Contact us

Ash Sharma Vice President, Green Transition Special Funds
+358 10 618 06 53
ash.sharma@nefco.int
English, Spanish, French

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