The signed agreements with Tulima Solar and d.light Zambia will support the expansion and scale-up of solar powered water pumps in Uganda and high-quality solar home systems in Zambia.

The green investment scene in Iceland is booming. Nefco – the Nordic Green Bank – has funded several Icelandic growth companies that all make a difference to the environment. Read more in our article in English or Icelandic.

In 2022, Nefco’s project portfolio in the Nordic SME business grew substantially, a new programme to support Ukraine’s reconstruction was launched and activities in other fund assignments increased. Read our annual reports to learn more about our results.

The European Union and Sweden join hands to fund the Modern Cooking Facility for Africa (MCFA) in Zambia, supporting the programme’s expansion and further development to scale up access to clean and modern cooking solutions in the country.

Pasi Rinne, expert in sustainable finance, green growth and international post-conflict management, works with Nefco to strengthen the environmental emphasis in a world marked by conflicts. In this article he talks about Nefco’s work in Ukraine.

The war in Ukraine has caused tremendous damage on the environment. Bohdan Vykhor CEO at WWF Ukraine, shared his view with Nefco on why urgent green recovery matters.

With some EUR 4.5 million in additional funding from Denmark, new containerised mobile boiler units have been delivered to Ukraine while the war continues, ensuring district heating for over 180,000 people.

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