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.
Recent years have been a rewarding time in the protection of the Baltic Sea. Improved wastewater treatment in St Petersburg and actions taken to prevent the discharge of phosphorus at the fertiliser factory on the Luga River in Russia are now bearing fruit.
The Carbon Expo 2015 will be arranged in Barcelona 26-28 May. Come and meet our carbon team at the fair.
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.
A seminar regarding financing of green growth will be arranged in Copenhagen, Denmark on June 10. The seminar is arranged by the Danish Export Association and The Trade Council of Denmark together with NEFCO. Please see the link for registration and more information.
The Baltic Marine Environment Protection Commission's Heads of Delegation will convene in Helsinki 11 June.
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.
The Northern Dimension Environmental Partnership's steering group will have its next meeting in Helsinki 20 June.
Nordic funding aimed at mitigating or adapting to climate change in developing countries needs to be upgraded in such a way that good pilot projects can be upscaled and replicated. Moreover, additional private finance is needed to ensure sufficient funding of climate projects in low-income countries. These are the main findings of a new report financed by the Nordic Council of Ministers.
The Finnish Government has announced that it will pledge EUR 3 million to the newly-established grant funding programme, the Nordic energy efficiency and humanitarian support initiative. The pledge was voiced on Tuesday by Finland’s Secretary of State, Peter Stenlund, at a donor conference in Kiev.
The Nopef credit committee has approved to fund 9 new projects carried out by Nordic small and medium-sized enterprises. The total value of these grants is EUR 295,000.