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

The Belarusky Narodny Bank (BNB-Bank) head offices in Minsk have had a fresh facelift. The newly-renovated building is wedged between grey high-rise blocks around a
neat courtyard, a stone's throw from Kalinin square next to one of the city's main streets.

upcoming events

28.08.2015

The World Water Week in Stockholm gathering over 3,000 experts, practitioners, decision-makers, business innovators and young professionals in the water sector will convene 23-28 August.

10.09.2015

A global cleantech summit focusing on environmental concerns, green growth and clean technology will take place in Helsinki 8-10 September.

17.09.2015

HELCOM's and OSPAR's joint task group on ballast water management will convene in Gdansk 16-17 September.

24.09.2015

The Northern Dimension Environmental Partnership's steering group will have its next meeting in Minsk 24 September.

News

School children in eastern Ukraine will benefit from the energy efficiency investments. Photo: Patrik RastenbergerSchool children in eastern Ukraine will benefit from the energy efficiency investments. Photo: Patrik Rastenberger

30.7.2015 |

NEFCO has signed five new grant agreements aimed at financing energy efficiency measures in the cities of Pavlograd, Lozova, Berdiansk, Severodonetsk and Kramatorsk in eastern Ukraine. The funding is provided from the Nordic energy efficiency and humanitarian support initiative (NIU).

Combating climate change is one of NEFCO's top priorities. Photo: Patrik RastenbergerCombating climate change is one of NEFCO's top priorities. Photo: Patrik Rastenberger

2.7.2015 |

A second call for proposals under the NEFCO Norwegian Carbon Procurement Facility has resulted in the signing of five new projects. The projects are located in Brazil and South Africa, with an estimated delivery of 7.6 million carbon credits.

NDEP meeting in Helsinki on 25 June. Photo: Ewa ManikNDEP meeting in Helsinki on 25 June. Photo: Ewa Manik

29.6.2015 |

NEFCO has been chairing the Steering Group of the Northern Dimension Environmental Partnership (NDEP) since 1 July last year and hosted the NDEP Steering Group meeting in Helsinki on 25 June.