NEFCO is an international financial institution established by the five Nordic countries. NEFCO finances green growth investments and projects primarily in Russia, Ukraine and Belarus as well as climate projects across the world. NEFCO's main focus is to generate positive environmental effects of interest to the Nordic region.

Topic issue

Chernihiv is rolling out a range of energy efficiency projects in order to cut heat consumption and save money. We met with the city's decision makers in September and visited two schools which were being refurbished.

upcoming events

25.04.2015

The 9th Arctic Council ministerial meeting will convene in Iqaluit, Canada 24-25 April.

28.04.2015

A donor conference aimed at raising funds for reconstruction initiatives in Eastern Ukraine will be arranged in Kiev 28 April. Managing Director Magnus Rystedt from NEFCO will attend the event.

28.04.2015

The idea of the seminar is to encourage Finnish companies to develop competitive and long-lasting innovations for developing countries. Kari Hämekoski from NEFCO will take part in a panel discussion regarding challenges of enterprise financing in these countries. The seminar will take place in Helsinki.

21.05.2015

Cleantech Scandinavia is arranging a Cleantech capital day in Malmö 19-21 May. Senior Investment Manager Ulf Bojö from NEFCO will attend the event.

28.05.2015

The Carbon Expo 2015 will be arranged in Barcelona 26-28 May. Come and meet our carbon team at the fair.

10.06.2015

NEFCO's Board of Directors will convene in Copenhagen 10 June. A seminar on Nordic green growth will be arranged in conjunction with the Board meeting.

11.06.2015

The Baltic Marine Environment Protection Commission's Heads of Delegation will convene in Helsinki 11 June.

16.06.2015

The Annual Forum of the EUSBSR, the EU strategy for the Baltic Sea, will take place in Jūrmala, Latvia, 15-16 June. NEFCO will host a side event and have a stand at the forum.

20.06.2015

The Northern Dimension Environmental Partnership's steering group will have its next meeting in Helsinki 20 June.

News

The investment will help JSC Dneprotiazhmash to reduce its gas consumption by 237,000 cubic metres per year. Photo: Patrik RastenbergerThe investment will help JSC Dneprotiazhmash to reduce its gas consumption by 237,000 cubic metres per year. Photo: Patrik Rastenberger

14.4.2015 |

NEFCO and the public joint-stock company Dneprotiazhmash have signed a loan agreement aimed at upgrading the manufacturing process at the company’s factory in Dnipropetrovsk in Eastern Ukraine. JSC Dneprotiazhmash produces different types of machinery and equipment primarily for the ore mining and processing industry.

Climate smart agriculture in Kenya. Photo: Heli SinkkoClimate smart agriculture in Kenya. Photo: Heli Sinkko

2.4.2015 |

Five further agreements have been signed for climate change mitigation and adaptation projects under the Nordic Climate Facility’s fourth call for proposals (NCF4) on inclusive green growth.

Emissions of short-lived climate pollutants are contributing to the Arctic melting. Photo: ShutterstockEmissions of short-lived climate pollutants are contributing to the Arctic melting. Photo: Shutterstock

26.3.2015 |

The Operational Review of NEFCO’s Carbon Finance and Funds activities in 2014 shows continued progress for innovative climate financing. Today NEFCO is one of the few actors remaining in the carbon credit market.