Through the Revolving Facility for Cleaner Production NEFCO offers financing on favorable terms for projects that improve resource management. Loans are provided both to private and municipal enterprises in Russia, Ukraine and Belarus. The repayment of the loan is directly tied to the savings of the investment.
The cleaner production investments aim at conserving raw materials and energy, eliminating toxic raw materials and reducing the quantity and toxicity of all emissions and wastes before they leave the process. Cleaner production is generally achieved by upgrading technology and production methods.
So far 64 projects have been implemented, mainly in the private industry sector, and 50 new projects are in pipeline for NEFCO's consideration. The total investment in these 64 projects is EUR 21 million.
Typical projects approved for financing
Project monitoring and reporting to NEFCO
NEFCO's Facility for Cleaner Production currently has funds amounting to DKK 110 million (EUR 14.8 million).
For further information regarding NEFCO's Cleaner Production Credits,
Investment Manager Maria Maliniemi
maria.maliniemi(at)nefco.fi, tel. +358 10 6180 640