In addition, NEFCO’s Carbon Finance and Funds Department has made progress on its technical assistance and market readiness activities, notably in the area of Nationally Appropriate Mitigation Actions with programmes launched in Peru and Viet Nam.
The NEFCO Carbon Fund (NeCF), which closed with financial resources of EUR 165 million, has been active in sustainable energy investments in Eastern Europe, Asia and Latin America. New projects have been signed in India, Southeast Asia and China. The Nordic Climate Facility (NCF) supporting mitigation and adaptation actions for the poorest countries operated jointly with the Nordic Development Fund (NDF), finalised 8 agreements for interventions in Asia, Africa and Latin America, and launched a third round of requests for proposals.
In total, approximately EUR 230 million of climate funds are currently managed by the CFF Department of NEFCO.
Read the CFF Operational Review 2011
