NEFCO's field of action covers Russia, Ukraine, the Baltic Countries and Belarus. NEFCO's newly established carbon fund, NeCF, can finance projects across the world.

NEFCO is engaged in a wide variety of project types all with significant local and regional positive environmental impacts. For reasons of statistics the projects are divided into a number of categories as listed below.

• Water and Sewerage
• Industry/Cleaner Technology
• Environmental Services
• Energy
• Consultancy