Impact

Our task is to accelerate the green transition by financing the initial scale-up globally of innovative Nordic solutions with positive environmental and climate outcomes.

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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.

Key figures from 2025

80%

of our investments are EU Taxonomy eligible

793

GWh of renewable energy generated by currently active projects

2.2m

tonnes of CO2 emissions reduced by currently active projects

82

GWh of energy saved by currently active projects

Our impact

Woman carrying a pot with flowers in the garden_Nefco-Nordic Green Bank

We demand return on impact. This is why we only finance activities that lead to positive outcomes for the environment and climate.

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How we assess impact

Across our 30-plus-year journey as a green financier, we have developed stringent procedures for environmental and sustainability assessments.

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Global frameworks

Our financial activities and sustainability requirements align with Nordic, European and global frameworks and goals to support concrete actions towards a low-carbon society and a sustainable, circular and nature-positive economy.

In line with our objective to have a positive impact on the climate and environment, we believe it is important to measure, monitor, report and manage our own footprint.

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Our impact in 2025

In 2025, 80% of our investments were EU Taxonomy eligible, around 4.5 million people in Sub-Saharan Africa had gained access to clean off‑grid energy or modern cooking solutions and EUR 77.9 million were disbursed to ongoing projects.

Read our Annual Report

Nefco’s biodiversity pilot programme

Protecting biodiversity helps maintain ecosystem services that businesses in different sectors depend on. Nefco’s Biodiversity Pilot Programme is testing and developing concrete biodiversity solutions in collaboration with companies.