NEFCO is an international financial institution established by the five Nordic countries. NEFCO finances investments and projects primarily in Russia, Ukraine, Estonia, Latvia, Lithuania and Belarus, in order to generate positive environmental effects of interest to the Nordic region.
Topic issue
The road to Gurievsk (formerly Neuhausen) in Russia is flanked by long rows of white-washed tree trunks and barren tree tops. Similar park lanes planted during the German era are typical for countless main roads in the Kaliningrad Province.
upcoming events
Investment Manager Amund Beitnes will present NEFCO's business operations in Russia at a briefing session hosted by the Norwegian-Russian Chamber of Commerce and the Confederation of Norwegian Enterprise 29 February in Oslo.
Vice President Ash Sharma from NEFCO will present the Nordic Partnership Initiative at a breakfast seminar hosted by SN Power 29 February in Oslo.
NEFCO's Board of Directors will convene in Helsinki 1 March 2012.
The 33rd meeting of the Helsinki Commission will take place in Helsinki 6-7 March.
The financing company Finnvera is hosting a seminar on business opportunities for small and medium-sized Finnish companies In Russia. The seminar will take place in Helsinki 13 March 2012. Vice President Kari Homanen and Communications Manager Mikael Sjövall from NEFCO will attend the event.
News
CFF Operational Review 2011
The Operational Review of NEFCO’s climate finance investments in 2011, has been published today. The review shows that, despite a collapse in the global price on carbon, NEFCO’s Carbon Finance and Funds (CFF) operations undertook an unprecedented level of project related activity during 2011, principally related to the Clean Development Mechanism.
Waste deposit in Kingisepp. Photo: Seppo Knuuttila
Today, representatives of EuroChem, the owner of the ‘Phosphorite’ fertiliser plant, will meet authorities and experts at the plant in Kingisepp. The aim is to continue the fact finding mission within the plant’s area to gather more information on the high nutrient load found in the River Luga and its specific source.
