Topic issue

Gotland’s Rindi Energi invests in biofuels in Belarus

Intro-text for frontpage: 

The bleak autumn sunshine offers welcoming warmth as we approach a felling area in Gotsa in the proximity of Grodno in western Belarus. The local forestry company Grodno PLHO and the Grodno Region Forestry Board are responsible for the administration and clearing of the state-owned forests in the region.

Picture in intro-text: 

Forester Urban Larsson from Rindi Energi is surrounded by logging residues. This is bio fuel!

Forester Urban Larsson from Rindi Energi is surrounded by logging residues. This is bio fuel!

 

Body: 

The pines have recently suffered from a forest fire, which is why the felling is taking place. Burnt trees cannot be used to produce pulp. Instead, the timber is taken to a sawmill or to an energy company and used to produce heat.

Rindi Energi, an energy company from the island of Gotland, is investigating opportunities of using felling waste and woodchip to produce bio energy.  NEFCO and Rindi Energi own two district heating stations in Poland that use bio fuel. Demand for heat is on the increase in Poland, which in turn increases demand for bio fuel, especially at the station in Hajnowka close to the border with Belarus. And this is where the Belarusian woods of Grodno come in.

“The woods are only 90 kilometres from Hajnowka in Poland. If we manage to set up functioning logistics with railroad and road transportation, we could use an additional 130,000 or so cubic metres of woodchip for heat production at Hajnowka,” says Urban Larsson, a forester at Rindi Energi.

Forest management in Grodno meets the requirements of the Forest Stewardship Council (FSC), meaning that felling is carried out sustainably. Deputy Director Viachaslau Miskevich from Grodno Region Forestry Board can hardly conceal his pride when we ask him to hold up the FSC certificate for a close-up photo.

“We take great care in planting new trees in clearings that are created by the felling. The Grodno Region Forestry Board cooperates with several nurseries in the area that produce a total of around 7 million saplings each year. As a rule of thumb, we plant some 7,000 saplings per hectare to ensure reforestation,” says Viachaslau Miskevich.

“20–30 per cent of felling waste is left on the ground to protect biodiversity. The rest can be used to generate bio energy. According to our calculations, some 70,000 cubic metres of woodchip is needed to produce 150,000 GWh of energy,” says Urban Larsson.

NEFCO has estimated that exporting woodchip to Hajnowka for fuel would reduce carbon dioxide emissions by some 35,000 tonnes per year. NEFCO is supporting the project by subscribing to 35 per cent of the shares in the joint venture Rindipol and by granting a loan of EUR 1 million to Rindi Energi. 

 

Additional images in slideshow: 

The forests in the Grodno-region are FSC-certified. Photograph: Patrik Rastenberger

The forests in the Grodno-region are FSC-certified. Photograph: Patrik Rastenberger

 
Logging operations in Gotsa, Belarus. Photograph: Patrik Rastenberger

Logging operations in Gotsa, Belarus. Photograph: Patrik Rastenberger

Around 7 million saplings are produced per year to ensure reforestation in the Grodno region. Photograph: Patrik Rastenberger

Around 7 million saplings are produced per year to ensure reforestation in the Grodno region. Photograph: Patrik Rastenberger

Andrei Bui, Head of Forester Department is briefing Urban Larsson about planned reforestation. Photograph: Patrik Rastenberger

Andrei Bui, Head of Forester Department is briefing Urban Larsson about planned reforestation. Photograph: Patrik Rastenberger

Biofuel. Belarus has set a goal to increase the share of renewable energy to 25 per cent of total production by 2012.

Biofuel. Belarus has set a goal to increase the share of renewable energy to 25 per cent of total production by 2012.


  • [28.10.2008]

    During its chairmanship of the Baltic Marine Environment Commission (HELCOM), known also as the Helsinki Commission, Russia is seeking to broaden the international cooperation on the Baltic Sea and focus greater political attention on its ecological status. The Commission’s Chairman, Igor Maydanov, suggests that the heads of state of the member countries should be involved in decisions that affect the Baltic Sea Action Plan.

  • Signs of severe eutrophication. Toxic algal blooms in Korpo, Southwestern Finland. Photograph: Matti Snellman/NEFCO ©.

    Signs of severe eutrophication. Toxic algal blooms in Korpo, Southwestern Finland. Photograph: Matti Snellman/NEFCO ©.

    [28.10.2008]

    During its chairmanship of the Baltic Marine Environment Commission (HELCOM), known also as the Helsinki Commission, Russia is seeking to broaden the international cooperation on the Baltic Sea and focus greater political attention on its ecological status.

    The Commission’s Chairman, Igor Maydanov, suggests that the heads of state of the member countries should be involved in decisions that affect the Baltic Sea Action Plan.

  • The global wind energy sector grew with 27 per cent in 2007.

    The global wind energy sector grew with 27 per cent in 2007.

    [15.10.2008]

    The Nordic Environment Finance Corporation announced on Wednesday that its Carbon Fund (NeCF) has signed Agreements to procure emission reductions from a wind energy project in Jiangsu province, and a small hydro project in southwest China. The projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM). These are NEFCO's first projects in China.

  • The global wind energy sector grew with 27 per cent in 2007.

    The global wind energy sector grew with 27 per cent in 2007.

    [15.10.2008]

    The Nordic Environment Finance Corporation announced on Wednesday that its Carbon Fund (NeCF) has signed Agreements to procure emission reductions from a wind energy project in Jiangsu province, and a small hydro project in southwest China. The projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM). These are NEFCO's first projects in China.

  • Biomass. NEFCO finances numerous projects where renewable energy is used for heat production. Photograph: Patrik Rastenberger.

    Biomass. NEFCO finances numerous projects where renewable energy is used for heat production. Photograph: Patrik Rastenberger.

     

    [13.10.2008]

    NEFCO has agreed on purchasing carbon credits from two new energy efficiency projects in Russia, namely in Strezhevoy, western Siberia and Priozersk, in the Leningrad region. Both projects aim at refurbishing the district heating networks in the cities concerned. The project in Priozersk is co-financed with the Danish Energy Agency DEA and it will also replace heavy fuel oil with biomass in local heat production.

  • Magnus Rystedt and Vosnuk Mykola surrounded by journalists at Bank Lviv.

    Magnus Rystedt and Vosnuk Mykola surrounded by journalists at Bank Lviv.

    [17.9.2008]

    NEFCO's and Bank Lviv's joint loan facility aimed at promoting energy efficiency is now fully operational. NEFCO's Managing Director Magnus Rystedt and Vosnuk Mykola, Chairman of the Board at Bank Lviv, signed the agreement in Lviv, western Ukraine on Wednesday. 

  • Minister Alexey Kucherenko and Managing Director Magnus Rystedt in Stockholm. Photograph: Christian Åslund

    Minister Alexey Kucherenko and Managing Director Magnus Rystedt in Stockholm. Photograph: Christian Åslund

     

    [5.9.2008]

    The Ukrainian government and NEFCO signed a memorandum of understanding on Friday in Stockholm, Sweden. The MoU will facilitate NEFCO's future investments in Ukraine. The agreement was signed by the Ukrainian minister of housing and communal services, Mr. Alexey Kucherenko and NEFCO's Managing Director Magnus Rystedt.

  • Reducing releases of climate gases is one of NEFCO's key priorities.

    Reducing releases of climate gases is one of NEFCO's key priorities.

     

    [3.9.2008]

    The Nordic Environment Finance Corporation's NEFCO Carbon Fund (NeCF), a Public Private Partnership, announces a new investor into the Fund. Industrialiseringsfonden for Udviklingslandene (IFU) or the Industrialisation Fund for Developing Countries, offers risk capital and advice to businesses investing in developing countries. IFU is an independent, self-governing fund established by the Danish state to assist Danish investments in developing countries and manager for IØ (Investeringsfonden for Østlandene) investing in Central and Eastern Europe. IFU will invest €5 million.

  • Reducing releases of climate gases is one of NEFCO's key priorities.

    Reducing releases of climate gases is one of NEFCO's key priorities.

     

    [3.9.2008]

    The Nordic Environment Finance Corporation's NEFCO Carbon Fund (NeCF), a Public Private Partnership, announces a new investor into the Fund. 

    Industrialiseringsfonden for Udviklingslandene (IFU) or the Industrialisation Fund for Developing Countries, offers risk capital and advice to businesses investing in developing countries. IFU is an independent, self-governing fund established by the Danish state to assist Danish investments in developing countries and manager for IØ (Investeringsfonden for Østlandene) investing in Central and Eastern Europe. IFU will invest €5 million.

  • Interview with Plant Manager Peep Kruuser at Saaremaa, Estonia

    Interview with Plant Manager Peep Kruuser at Saaremaa, Estonia

    [25.8.2008]

    NEFCO releases a video clip on carbon financing and the corporation's investments in renewable energy in Estonia. The video focuses at two projects, namely a wind park in Viru Nigula and a biogas project in Saaremaa in western Estonia. Both projects have been classified as so called Joint Implementation (JI) projects under the Kyoto protocol.

Knock on wood

Intro-text for frontpage: 

IKEA’s global network of subcontractors is sometimes full of surprises. In the Ukrainian countryside, about 40 kilometres northwest of Lviv, the Danish company, Gangsø Møbler A/S, has set up a furniture factory in the small town of Kolodentsi. 

Picture in intro-text: 

Turning sawdust into energy is hard work.

Turning sawdust into energy is hard work.

Body: 

We encounter a Catholic funeral procession as we pass through the picturesque town and the flower-adorned graveyard. Large sections of western Ukraine belonged to Poland for years during the Middle Ages and the influence of the Catholic church in the area is strong. Up on the plateau with its view over the billowing fields, we find the Gangsøs factory, which employs just over one hundred people. Gangsø is an important employer in the region where most of the local inhabitants are employed as farmers. The factory building itself is a former collective farm that has been renovated and rebuilt in order to serve the needs of Gangsøs.

“Giving the townspeople an opportunity to combine small-scale agriculture with part-time work at the factory was among the reasons why we implemented a system enabling a flexible alternation,” said company director Max F. Milthers.

The Gangsøs factory manufactures various kinds of components for the furniture industry. These primarily comprise tabletops, table legs, bed legs and the like. Gangsø is one of the largest table manufacturers in the Nordic countries. The kinds of wood most used in Ukraine are oak, ash and beech. Among the items IKEA buys from the Gangsøs factory in Ukraine are components for their Sultan beds. Gangsø also delivers furniture components to other Nordic companies like Anttila in Finland and Mio in Sweden.

Timber processing in Kolodentsi produces sawdust and woodchips that can be used for the production of heat. With the help of a loan from NEFCO, Gangsø has installed a bioheat boiler that generates heat and dries out the timber supplied to the factory. The facility also supplies heat to Ambiente, which has a factory in the same area. Ambiente manufactures furniture for IKEA and Actona Møbler.

“When the timber arrives at the factory, the moisture content is ordinarily around 40-50 percent. First of all, we store the timber in a warehouse in the factory area in order to accelerate the evaporation. Then, we dry the timber with the help of warm air so that we finally reach an optimal moisture content of 5-8 percent, which facilitates the processing,” explains Max F. Milthers.

Thanks to the use of renewable energy at the factory in Kolodentsi, Gangsø is doing its part to combat climate change and to reduce emissions of climate gases. Had the equivalent generation of heat been based on fossil fuels, the annual emissions at the factory would have been about 1220 tonnes. The investment has also reduced indirect emissions of carbon dioxide because the raw materials were previously shipped to Denmark for processing and refinement.

 

Additional images in slideshow: 

Gangsø delivers furniture components to a wide range of Nordic companies. Photograph: Patrik Rastenberger

Gangsø delivers furniture components to a wide range of Nordic companies. Photograph: Patrik Rastenberger

Sawdust and wood chips are used as fuel for the newly installed bioheat boiler. Photograph: Patrik Rastenberger

Sawdust and wood chips are used as fuel for the newly installed bioheat boiler. Photograph: Patrik Rastenberger

The bioheat boiler is used for drying the timber with warm air. Photograph: Patrik Rastenberger

The bioheat boiler is used for drying the timber with warm air. Photograph: Patrik Rastenberger

The optimal moisture content of the timber is 5-8 percent. Photograph: Patrik Rastenberger

The optimal moisture content of the timber is 5-8 percent. Photograph: Patrik Rastenberger


  • Forester Urban Larsson from Rindi Energi is surrounded by logging residues. This is bio fuel!

    Forester Urban Larsson from Rindi Energi is surrounded by logging residues. This is bio fuel!

     

    [10.11.2008]

    The bleak autumn sunshine offers welcoming warmth as we approach a felling area in Gotsa in the proximity of Grodno in western Belarus. The local forestry company Grodno PLHO and the Grodno Region Forestry Board are responsible for the administration and clearing of the state-owned forests in the region.

    The forests in the Grodno-region are FSC-certified. Photograph: Patrik Rastenberger

    The forests in the Grodno-region are FSC-certified. Photograph: Patrik Rastenberger

     
    Logging operations in Gotsa, Belarus. Photograph: Patrik Rastenberger

    Logging operations in Gotsa, Belarus. Photograph: Patrik Rastenberger

    Around 7 million saplings are produced per year to ensure reforestation in the Grodno region. Photograph: Patrik Rastenberger

    Around 7 million saplings are produced per year to ensure reforestation in the Grodno region. Photograph: Patrik Rastenberger

    Andrei Bui, Head of Forester Department is briefing Urban Larsson about planned reforestation. Photograph: Patrik Rastenberger

    Andrei Bui, Head of Forester Department is briefing Urban Larsson about planned reforestation. Photograph: Patrik Rastenberger

    Biofuel. Belarus has set a goal to increase the share of renewable energy to 25 per cent of total production by 2012.

    Biofuel. Belarus has set a goal to increase the share of renewable energy to 25 per cent of total production by 2012.

  • [28.10.2008]

    During its chairmanship of the Baltic Marine Environment Commission (HELCOM), known also as the Helsinki Commission, Russia is seeking to broaden the international cooperation on the Baltic Sea and focus greater political attention on its ecological status. The Commission’s Chairman, Igor Maydanov, suggests that the heads of state of the member countries should be involved in decisions that affect the Baltic Sea Action Plan.

  • Signs of severe eutrophication. Toxic algal blooms in Korpo, Southwestern Finland. Photograph: Matti Snellman/NEFCO ©.

    Signs of severe eutrophication. Toxic algal blooms in Korpo, Southwestern Finland. Photograph: Matti Snellman/NEFCO ©.

    [28.10.2008]

    During its chairmanship of the Baltic Marine Environment Commission (HELCOM), known also as the Helsinki Commission, Russia is seeking to broaden the international cooperation on the Baltic Sea and focus greater political attention on its ecological status.

    The Commission’s Chairman, Igor Maydanov, suggests that the heads of state of the member countries should be involved in decisions that affect the Baltic Sea Action Plan.

  • The global wind energy sector grew with 27 per cent in 2007.

    The global wind energy sector grew with 27 per cent in 2007.

    [15.10.2008]

    The Nordic Environment Finance Corporation announced on Wednesday that its Carbon Fund (NeCF) has signed Agreements to procure emission reductions from a wind energy project in Jiangsu province, and a small hydro project in southwest China. The projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM). These are NEFCO's first projects in China.

  • The global wind energy sector grew with 27 per cent in 2007.

    The global wind energy sector grew with 27 per cent in 2007.

    [15.10.2008]

    The Nordic Environment Finance Corporation announced on Wednesday that its Carbon Fund (NeCF) has signed Agreements to procure emission reductions from a wind energy project in Jiangsu province, and a small hydro project in southwest China. The projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM). These are NEFCO's first projects in China.

  • Biomass. NEFCO finances numerous projects where renewable energy is used for heat production. Photograph: Patrik Rastenberger.

    Biomass. NEFCO finances numerous projects where renewable energy is used for heat production. Photograph: Patrik Rastenberger.

     

    [13.10.2008]

    NEFCO has agreed on purchasing carbon credits from two new energy efficiency projects in Russia, namely in Strezhevoy, western Siberia and Priozersk, in the Leningrad region. Both projects aim at refurbishing the district heating networks in the cities concerned. The project in Priozersk is co-financed with the Danish Energy Agency DEA and it will also replace heavy fuel oil with biomass in local heat production.

  • Magnus Rystedt and Vosnuk Mykola surrounded by journalists at Bank Lviv.

    Magnus Rystedt and Vosnuk Mykola surrounded by journalists at Bank Lviv.

    [17.9.2008]

    NEFCO's and Bank Lviv's joint loan facility aimed at promoting energy efficiency is now fully operational. NEFCO's Managing Director Magnus Rystedt and Vosnuk Mykola, Chairman of the Board at Bank Lviv, signed the agreement in Lviv, western Ukraine on Wednesday. 

  • Minister Alexey Kucherenko and Managing Director Magnus Rystedt in Stockholm. Photograph: Christian Åslund

    Minister Alexey Kucherenko and Managing Director Magnus Rystedt in Stockholm. Photograph: Christian Åslund

     

    [5.9.2008]

    The Ukrainian government and NEFCO signed a memorandum of understanding on Friday in Stockholm, Sweden. The MoU will facilitate NEFCO's future investments in Ukraine. The agreement was signed by the Ukrainian minister of housing and communal services, Mr. Alexey Kucherenko and NEFCO's Managing Director Magnus Rystedt.

  • Reducing releases of climate gases is one of NEFCO's key priorities.

    Reducing releases of climate gases is one of NEFCO's key priorities.

     

    [3.9.2008]

    The Nordic Environment Finance Corporation's NEFCO Carbon Fund (NeCF), a Public Private Partnership, announces a new investor into the Fund. Industrialiseringsfonden for Udviklingslandene (IFU) or the Industrialisation Fund for Developing Countries, offers risk capital and advice to businesses investing in developing countries. IFU is an independent, self-governing fund established by the Danish state to assist Danish investments in developing countries and manager for IØ (Investeringsfonden for Østlandene) investing in Central and Eastern Europe. IFU will invest €5 million.

  • Reducing releases of climate gases is one of NEFCO's key priorities.

    Reducing releases of climate gases is one of NEFCO's key priorities.

     

    [3.9.2008]

    The Nordic Environment Finance Corporation's NEFCO Carbon Fund (NeCF), a Public Private Partnership, announces a new investor into the Fund. 

    Industrialiseringsfonden for Udviklingslandene (IFU) or the Industrialisation Fund for Developing Countries, offers risk capital and advice to businesses investing in developing countries. IFU is an independent, self-governing fund established by the Danish state to assist Danish investments in developing countries and manager for IØ (Investeringsfonden for Østlandene) investing in Central and Eastern Europe. IFU will invest €5 million.

КОЛЬСКИЙ ЗАЛИВ – КЛАДБИЩЕ КОРАБЛЕЙ

Intro-text for frontpage: 

Красота Кольского залива поразительна, если смотреть на центр Мурманска с недавно отстроенной православной церкви. Однако удивительная красота омрачается видом ржавых, покинутых кораблей, которые виднеются то здесь, то там над водой. Кольский залив, к сожалению, превратился в кладбище для военных, транспортных и рыболовных судов. Это, в свою очередь, является печальным напоминанием о том, что залив считается одной из 42 экологических горячих точек российской части Баренцева региона.

Picture in intro-text: 

Body: 

По приблизительным подсчетам российских специалистов почти 200 судов и несколько лодок брошены либо в прибрежной зоне, либо затонули в водах Кольского залива, что затрудняет навигацию и представляет собой огромную экологическую проблему. Остатки большей части заброшенных судов являются источниками загрязнения окружающей среды в связи с наличием в них компонентов асбеста и тяжелых металлов, таких как свинец, ртуть, цинк и медь..

С помощью Фонда экологических горячих точек Баренцева региона, НЕФКО профинансировала план проекта, наметившего мероприятия по подъему зверобойного судна «Териберка», затонувшего в водах Кольского залива в 1993 году. Работы по поднятию судна будут проводиться местными российскими властями при поддержке региональной администрации и коммерческого управления порта Мурманска.

В 2003 году фонд неправительственной экологической организации «Гармоничное развитие» приступил к работе над ликвидацией мест несанкционированного захоронения судов. Работы проводились совместно с
работниками коммерческого порта Мурманска и Министерства природных ресурсов Российской Федерации. Первым объектом была открытая свалка «Лавна», всего лишь одна из 10 мест сброса отходов в районе Кольского залива. Средства на эти работы были частично выделены Секретариатом Баренцева региона.

Цель этой деятельности – улучшить экологическое состояние русла реки Лавны и донных наносов Кольского залива. В 2006-2007 годах работа финансировалась мурманским региональным фондом. В настоящее время осталось всего 4 из 24 судов, запланированных к вывозу на свалку.

«Обеспокоенность по поводу экологической безопасности усиливается, т.к. внутри и вокруг заброшенных и затонувших судов обнаруживаются новые опасные токсичные вещества. Были случаи, когда безответственные судовладельцы использовали заброшенные суда в качестве свалок для
размещения токсичных отходов. Анализ донного грунта показал, что уровни концентрации тяжелых металлов, ПХБ и нефтяных углеводородов в воде, окружающей кладбище судов, в десять раз выше, чем в других районах Кольского залива», - говорит руководитель проекта в Мурманске Владимир Бахарев.


Cleaning up the Kola Bay

Intro-text for frontpage: 

The beauty of the Kola Bay is striking when one overviews Murmansk city centre from the newly built Orthodox church. The stunning beauty is, however, overshadowed by the sight of rusty, deserted ships, which can be seen here and there above water level. The Kola Bay has unfortunately turned into a graveyard for battle, transport and fishing ships. This in turn is a sad reminder of the fact that the bay has been identified as one of the 42 environmental hot spots in the Russian Barents region.

Picture in intro-text: 

One of many sunken ships in the Kola Bay - one of 42 environmental hot spots in the Russian Barents Region Photo: Patrik Rastenberger

One of many sunken ships in the Kola Bay - one of 42 environmental hot spots in the Russian Barents Region Photo: Patrik Rastenberger

Body: 

According to estimations by Russian specialists nearly 200 ships and several boats are abandoned in the coastal zone or sunk in the waters of the Kola bay hindering navigation and causing a huge environmental problem. Most of the deserted ships contain asbestos and heavy metals like lead, mercury, zinc and copper, which leak into the surrounding environment.

Through the Barents Hot Spots Facility, NEFCO has financed a project plan that outlines how to lift a sealer boat named "Teriberka", which sunk in the waterway of the Kola bay in 1993. The work on lifting the boat will be carried out by the local Russian authorities with the support from the regional administration and Murmansk commercial port authorities.

In 2003 the non-governmental organization ecological fund "Harmonious development" started to work on the liquidation of unendorsed vessels' disposal sites. The work has been carried out with staff from the commercial port in Murmansk and the Ministry of Natural resources of the Russian Federation. The first object was the disposal dump site "Lavna", which is only one of 10 disposal fields in the Kola bay area. The work was partly financed by the Barents Secretariat.

The aim of these undertakings has been to improve the ecological conditions of the Lavna river outlet and the bottom sediments of the Kola bay. In 2006-2007 this work was financed by a fund administered by the regional authorities in Murmansk. Currently, only four of the 24 ships that were dumped at the disposal fields remain.

"Ecologists’ concerns are growing as new ecologically hazardous toxic substances are being discovered inside as well as around the abandoned and sunk vessels. There have been cases where irresponsible ship-owners used the abandoned ships as landfills for toxic waste. The analyses of the seabed soil showed that the levels of heavy metals, PCB and petrolic carbohydrates in the water surrounding the vessels' graveyards are 10 times higher than in other areas of the Kola bay", said project leader Vladimir Bakharev in Murmansk.

Additional images in slideshow: 

One of many sunken ships in the Kola Bay - one of 42 environmental hot spots in the Russian Barents Region Photo: Patrik Rastenberger

One of many sunken ships in the Kola Bay - one of 42 environmental hot spots in the Russian Barents Region Photo: Patrik Rastenberger


  • Forester Urban Larsson from Rindi Energi is surrounded by logging residues. This is bio fuel!

    Forester Urban Larsson from Rindi Energi is surrounded by logging residues. This is bio fuel!

     

    [10.11.2008]

    The bleak autumn sunshine offers welcoming warmth as we approach a felling area in Gotsa in the proximity of Grodno in western Belarus. The local forestry company Grodno PLHO and the Grodno Region Forestry Board are responsible for the administration and clearing of the state-owned forests in the region.

    The forests in the Grodno-region are FSC-certified. Photograph: Patrik Rastenberger

    The forests in the Grodno-region are FSC-certified. Photograph: Patrik Rastenberger

     
    Logging operations in Gotsa, Belarus. Photograph: Patrik Rastenberger

    Logging operations in Gotsa, Belarus. Photograph: Patrik Rastenberger

    Around 7 million saplings are produced per year to ensure reforestation in the Grodno region. Photograph: Patrik Rastenberger

    Around 7 million saplings are produced per year to ensure reforestation in the Grodno region. Photograph: Patrik Rastenberger

    Andrei Bui, Head of Forester Department is briefing Urban Larsson about planned reforestation. Photograph: Patrik Rastenberger

    Andrei Bui, Head of Forester Department is briefing Urban Larsson about planned reforestation. Photograph: Patrik Rastenberger

    Biofuel. Belarus has set a goal to increase the share of renewable energy to 25 per cent of total production by 2012.

    Biofuel. Belarus has set a goal to increase the share of renewable energy to 25 per cent of total production by 2012.

  • [28.10.2008]

    During its chairmanship of the Baltic Marine Environment Commission (HELCOM), known also as the Helsinki Commission, Russia is seeking to broaden the international cooperation on the Baltic Sea and focus greater political attention on its ecological status. The Commission’s Chairman, Igor Maydanov, suggests that the heads of state of the member countries should be involved in decisions that affect the Baltic Sea Action Plan.

  • Signs of severe eutrophication. Toxic algal blooms in Korpo, Southwestern Finland. Photograph: Matti Snellman/NEFCO ©.

    Signs of severe eutrophication. Toxic algal blooms in Korpo, Southwestern Finland. Photograph: Matti Snellman/NEFCO ©.

    [28.10.2008]

    During its chairmanship of the Baltic Marine Environment Commission (HELCOM), known also as the Helsinki Commission, Russia is seeking to broaden the international cooperation on the Baltic Sea and focus greater political attention on its ecological status.

    The Commission’s Chairman, Igor Maydanov, suggests that the heads of state of the member countries should be involved in decisions that affect the Baltic Sea Action Plan.

  • The global wind energy sector grew with 27 per cent in 2007.

    The global wind energy sector grew with 27 per cent in 2007.

    [15.10.2008]

    The Nordic Environment Finance Corporation announced on Wednesday that its Carbon Fund (NeCF) has signed Agreements to procure emission reductions from a wind energy project in Jiangsu province, and a small hydro project in southwest China. The projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM). These are NEFCO's first projects in China.

  • The global wind energy sector grew with 27 per cent in 2007.

    The global wind energy sector grew with 27 per cent in 2007.

    [15.10.2008]

    The Nordic Environment Finance Corporation announced on Wednesday that its Carbon Fund (NeCF) has signed Agreements to procure emission reductions from a wind energy project in Jiangsu province, and a small hydro project in southwest China. The projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM). These are NEFCO's first projects in China.

  • Biomass. NEFCO finances numerous projects where renewable energy is used for heat production. Photograph: Patrik Rastenberger.

    Biomass. NEFCO finances numerous projects where renewable energy is used for heat production. Photograph: Patrik Rastenberger.

     

    [13.10.2008]

    NEFCO has agreed on purchasing carbon credits from two new energy efficiency projects in Russia, namely in Strezhevoy, western Siberia and Priozersk, in the Leningrad region. Both projects aim at refurbishing the district heating networks in the cities concerned. The project in Priozersk is co-financed with the Danish Energy Agency DEA and it will also replace heavy fuel oil with biomass in local heat production.

  • Magnus Rystedt and Vosnuk Mykola surrounded by journalists at Bank Lviv.

    Magnus Rystedt and Vosnuk Mykola surrounded by journalists at Bank Lviv.

    [17.9.2008]

    NEFCO's and Bank Lviv's joint loan facility aimed at promoting energy efficiency is now fully operational. NEFCO's Managing Director Magnus Rystedt and Vosnuk Mykola, Chairman of the Board at Bank Lviv, signed the agreement in Lviv, western Ukraine on Wednesday. 

  • Minister Alexey Kucherenko and Managing Director Magnus Rystedt in Stockholm. Photograph: Christian Åslund

    Minister Alexey Kucherenko and Managing Director Magnus Rystedt in Stockholm. Photograph: Christian Åslund

     

    [5.9.2008]

    The Ukrainian government and NEFCO signed a memorandum of understanding on Friday in Stockholm, Sweden. The MoU will facilitate NEFCO's future investments in Ukraine. The agreement was signed by the Ukrainian minister of housing and communal services, Mr. Alexey Kucherenko and NEFCO's Managing Director Magnus Rystedt.

  • Reducing releases of climate gases is one of NEFCO's key priorities.

    Reducing releases of climate gases is one of NEFCO's key priorities.

     

    [3.9.2008]

    The Nordic Environment Finance Corporation's NEFCO Carbon Fund (NeCF), a Public Private Partnership, announces a new investor into the Fund. Industrialiseringsfonden for Udviklingslandene (IFU) or the Industrialisation Fund for Developing Countries, offers risk capital and advice to businesses investing in developing countries. IFU is an independent, self-governing fund established by the Danish state to assist Danish investments in developing countries and manager for IØ (Investeringsfonden for Østlandene) investing in Central and Eastern Europe. IFU will invest €5 million.

  • Reducing releases of climate gases is one of NEFCO's key priorities.

    Reducing releases of climate gases is one of NEFCO's key priorities.

     

    [3.9.2008]

    The Nordic Environment Finance Corporation's NEFCO Carbon Fund (NeCF), a Public Private Partnership, announces a new investor into the Fund. 

    Industrialiseringsfonden for Udviklingslandene (IFU) or the Industrialisation Fund for Developing Countries, offers risk capital and advice to businesses investing in developing countries. IFU is an independent, self-governing fund established by the Danish state to assist Danish investments in developing countries and manager for IØ (Investeringsfonden for Østlandene) investing in Central and Eastern Europe. IFU will invest €5 million.