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

04.03.2015

The contracting parties to the Helsinki Convention will convene in Helsinki 3-4 March.

05.03.2015

NEFCO's Board of Directors will convene in Helsinki 5 March.

20.03.2015

The 16th international environmental forum the Baltic Sea Day will be held 18-20 March in St. Petersburg.

25.03.2015

The Helsinki Region Environmental Services HSY is hosting a seminar on urban adaptation to the effects of climate change. The seminar will take place in Helsinki 25 March.

26.03.2015

A seminar on water protection in municipalities will be held in Tallinn 26 March. The event is organised by the Citywater project in co-operation with the Association of Estonian Cities.

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.

News

Production of casings in Orsha, Belarus. Photo: Bo NyhusProduction of casings in Orsha, Belarus. Photo: Bo Nyhus

27.2.2015 |

NEFCO and the Danish company Salling Plast A/S have signed a loan agreement aimed at establishing production of shrinkable casings, fittings and assembly bends for pipes to be used in district heating and wastewater treatment projects.

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

25.2.2015 |

The second call for vulnerable project proposals under NorCaP resulted in 112 project proposals that passed the automatic pre-screening for compliance with the eligibility criteria from 27 countries, in total accounting for 99.2 million carbon credits offered.

The project in Ivano-Frankivsk comprises the installation of 39 individual heating substations. Photo: Patrik RastenbergerThe project in Ivano-Frankivsk comprises the installation of 39 individual heating substations. Photo: Patrik Rastenberger

9.2.2015 |

NEFCO and the municipal enterprise Ivano-Frankivsk Teplokomunenergo in western Ukraine have signed a loan agreement aimed at modernising the city’s district heating system. The demonstration project will focus on the installation of 39 individual heating substations in the Dovga-Karpatska district in Ivano-Frankivsk.