09.12.2013 | News
The Nordic Climate Facility (NCF) has launched the Fourth Call for Proposals on this year’s theme “Inclusive green growth projects contributing to private sector development”. The deadline for submitting applications is 31 January 2014 via the on-line application platform here.
The aim of NCF is to promote the transfer of technology, expertise and innovative ideas between the Nordic countries and low-income countries facing challenges related to climate change. The main goal is to bolster the capabilities of low-income countries to mitigate and adapt to climate change challenges and implement sustainable development measures that will reduce poverty.
Grant financing of up to EUR 500,000 can be granted to partnerships between relevant Nordic (Sweden, Finland, Denmark, Norway and Iceland) institutions, organisations, companies, authorities and qualified local partners in low-income countries. A minimum of 20% co-financing is required.
NCF is financed by the Nordic Development Fund (NDF) and administered by the Nordic Environment Finance Corporation (NEFCO). The total budget for the Fourth Call is EUR 4 million.
In its previous calls, NCF has received 442 applications, and 40 climate projects have been financed by the facility. The projects relate to mitigation of climate gases as well as to adaptation to the impacts of climate change. Since the inception of the facility in 2009, 11 projects have been completed.