Accelerating the green transition
We are the Nordic Green Bank whose task is to accelerate the transition to green. This is why all our financing is focused on environmentally beneficial, sustainable projects and solutions. Nefco financing is often the deciding factor in a project’s realisation. Our financing goals are aligned with the Nordic Vision 2020, the EU Green Deal, the Paris Agreement, and the Kunming-Montreal Biodiversity Framework. In assessing the sustainability of our investments, we are guided by the EU Taxonomy, the UN Sustainable Development Goals, and our own rigorous environmental criteria.
GWh renewable energy generated in 2022
of our Nordic SME financing being EU Taxonomy eligible in 2022
million tonnes of CO2 reduced since 1990
tonnes of phosphorus avoided to discharge in the Baltic Sea since 1990
Nefco’s Annual Impact Report
In 2022 almost 80% of our Nordic SME financed were EU Taxonomy eligible, we initiated a pioneering Biodiversity Pilot Programme, we began recovery actions to build back greener and better in Ukraine and activities in the funds we manage increased.
Nefco’s biodiversity pilot programme
Protecting biodiversity helps maintain ecosystem services that businesses in different sectors depend on. Nefco’s Biodiversity Pilot Programme aims to test and develop concrete biodiversity solutions in collaboration with companies.
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