NEFCO is an international financial institution established by the five Nordic countries. NEFCO finances investments and projects primarily in Russia, Ukraine, Estonia, Latvia, Lithuania, Moldova and Belarus, in order to generate positive environmental effects of interest to the Nordic region.
Topic issue
The Nordic Prime Ministers met in May to discuss amongst other things future priorities for Nordic cooperation. I presented the Prime Ministers with a status report on their own green growth initiative, which is one of the main tasks for the Nordic Council of Ministers in the coming years. And the task is urgent.
upcoming events
The global carbon market fair and conference Carbon Expo 2013 convenes in Barcelona, Spain 29-31 May. Vice President Ash Sharma from NEFCO will be a speaker at the event on NAMAs and the Carbon Market and at a joint side event with KfW Development Bank on New Market Mechanisms.
This year's edition of the Nordic Cleantech Venture Day will take place in Malmö, Sweden 4-5 June. The event is arranged by Cleantech Scandinavia and the Finnish Cleantech Cluster.
NEFCO's Board of Directors will convene in Helsinki 13 June.
Russia is hosting a conference on sustainable growth through long term investments in Moscow 17-18 July. The event is arranged in connection to the G20 Summit.
News
Combating climate change is one of NEFCO's priorities. Photo: Patrik Rastenberger
The German Development Bank KfW and NEFCO have joined forces to promote a policy dialogue amongst first movers on New Market Based Approaches to financing scaled up climate change action.
Eskaro's investment in fuel efficiency will save costs and benefit the environment. Photo: Patrik Rastenberger
NEFCO and the Swedish paint maker Eskaro Group AB have signed a loan agreement to finance the modernization of the latter’s vehicle fleet in Ukraine and Belarus. As part of the modernization process, Eskaro’s outdated vans will be replaced with fuel efficient ones to promote efficiency and decrease environmentally harmful emissions.
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Procurement notice for district heating projects in Ukraine.
Improved wastewater treatment in the Kaliningrad region. Watch the video»
