It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.

“The children have already gone up for their afternoon nap but if you make it snappy, you’ll have time to take a few photos,” says day-care centre Director Natalya Bykova as she hurries upstairs.

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.

“The children have already gone up for their afternoon nap but if you make it snappy, you’ll have time to take a few photos,” says day-care centre Director Natalya Bykova as she hurries upstairs.

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.

“The children have already gone up for their afternoon nap but if you make it snappy, you’ll have time to take a few photos,” says day-care centre Director Natalya Bykova as she hurries upstairs.

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.

“The children have already gone up for their afternoon nap but if you make it snappy, you’ll have time to take a few photos,” says day-care centre Director Natalya Bykova as she hurries upstairs.

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.

“The children have already gone up for their afternoon nap but if you make it snappy, you’ll have time to take a few photos,” says day-care centre Director Natalya Bykova as she hurries upstairs.

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

“The children have already gone up for their afternoon nap but if you make it snappy, you’ll have time to take a few photos,” says day-care centre Director Natalya Bykova as she hurries upstairs.

НЕФКО получила председательские полномочия в Программе экологического партнёрства Северного Измерения (ЭПСИ).
Задачей корпорации является организация работы Руководящего комитета, отвечающего за подготовку и выполнение природоохранных инфраструктурных проектов территории Северного Измерения на Северо-Западе России.

Интересуясь сегодняшнм теплоснабжением Санкт-Петербурга, постоянно чувствуешь дыхание истории. Первая в мире труба централизованного теплоснабжения была уложена по адресу ул. Фонтанка, 96 в Санкт-Петербурге в 1924 году.

Углеродный фонд НЕФКО (NeCF) заключил три долгосрочных соглашения о приобретении сертифицированных единиц сокращения выбросов трёх малых ГЭС на севере Вьетнама.

Проекты возобновляемых источников энергии выполняются согласно механизму чистого развития Киотского протокола, основные результаты будут получены уже после 2012 г.

Северная экологическая финансовая корпорация сообщила, что Углеродный фонд НЕФКО заключил три долгосрочных соглашения о приобретении сертифицированных единиц сокращения выбросов трёх малых ГЭС на севере Вьетнама. Проекты возобновляемых источников энергии выполняются согласно механизму чистого развития (МЧР) Киотского протокола, основные результаты будут получены уже после 2012 г.

Совет директоров Северного фонда развития утвердил выделение 10 млн евро для новой программы, названной ProClimate.

Программа будет реализовываться с участием специалистов Углеродного финансирования и фондов НЕФКО, имеющих большой опыт работы с углеродными квотами климатических проектов по всему миру.

Автодорога от аэропорта Пулково до Нурмы, расположенной в 55 км на восток от Санкт-Петербурга, проходит по Ингерманландии. Финские названия деревень и рек говорят о финно-угорском прошлом этих мест, где датская компания "Рюрик Агро" решила заняться свинофермой.

Восемь школ и шесть детских садов Оленегорска, города российского Северо-Запада, расположенного на Кольском полуострове, получат помощь по кредитной программе НЕФКО для энергосберегающих проектов.

Проектом предусматривается установка автоматизированных тепловых пунктов и регуляторов температуры в 14 зданиях, принадлежащих городскому отделу народного образования.

В часы пик улицы Москвы то и дело становятся в громадными автомобильными парковками. Один из местных сотрудников рассказал нам, как прошлой весной, чтобы проехать 10 км от офиса до своего дома, он солнечным вечером два часа задыхался в дорожных пробках. А что было бы с Москвой без общественного транспорта?

Углеродный фонд НЕФКО (NeCF) подписал договоры о закупке сокращения выбросов по двум малым гидроэлектростанциям в китайской провинции Сычуань.
Проекты производства возобновляемой энергии выполняются согласно механизму чистого развития Киотского протокола.

“Детей уже повели укладывать на послеобеденный сон, но сделать несколько снимков жно успеть”, говорит директор детского сада Наталья Быкова, быстро поднимаясь по cтупенькам.

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.

НЕФКО получила председательские полномочия в Программе экологического партнёрства Северного Измерения (ЭПСИ).
Задачей корпорации является организация работы Руководящего комитета, отвечающего за подготовку и выполнение природоохранных инфраструктурных проектов территории Северного Измерения на Северо-Западе России.

Интересуясь сегодняшнм теплоснабжением Санкт-Петербурга, постоянно чувствуешь дыхание истории. Первая в мире труба централизованного теплоснабжения была уложена по адресу ул. Фонтанка, 96 в Санкт-Петербурге в 1924 году.

Углеродный фонд НЕФКО (NeCF) заключил три долгосрочных соглашения о приобретении сертифицированных единиц сокращения выбросов трёх малых ГЭС на севере Вьетнама.

Проекты возобновляемых источников энергии выполняются согласно механизму чистого развития Киотского протокола, основные результаты будут получены уже после 2012 г.

Северная экологическая финансовая корпорация сообщила, что Углеродный фонд НЕФКО заключил три долгосрочных соглашения о приобретении сертифицированных единиц сокращения выбросов трёх малых ГЭС на севере Вьетнама. Проекты возобновляемых источников энергии выполняются согласно механизму чистого развития (МЧР) Киотского протокола, основные результаты будут получены уже после 2012 г.

Совет директоров Северного фонда развития утвердил выделение 10 млн евро для новой программы, названной ProClimate.

Программа будет реализовываться с участием специалистов Углеродного финансирования и фондов НЕФКО, имеющих большой опыт работы с углеродными квотами климатических проектов по всему миру.

Автодорога от аэропорта Пулково до Нурмы, расположенной в 55 км на восток от Санкт-Петербурга, проходит по Ингерманландии. Финские названия деревень и рек говорят о финно-угорском прошлом этих мест, где датская компания "Рюрик Агро" решила заняться свинофермой.

Восемь школ и шесть детских садов Оленегорска, города российского Северо-Запада, расположенного на Кольском полуострове, получат помощь по кредитной программе НЕФКО для энергосберегающих проектов.

Проектом предусматривается установка автоматизированных тепловых пунктов и регуляторов температуры в 14 зданиях, принадлежащих городскому отделу народного образования.

В часы пик улицы Москвы то и дело становятся в громадными автомобильными парковками. Один из местных сотрудников рассказал нам, как прошлой весной, чтобы проехать 10 км от офиса до своего дома, он солнечным вечером два часа задыхался в дорожных пробках. А что было бы с Москвой без общественного транспорта?

Углеродный фонд НЕФКО (NeCF) подписал договоры о закупке сокращения выбросов по двум малым гидроэлектростанциям в китайской провинции Сычуань.
Проекты производства возобновляемой энергии выполняются согласно механизму чистого развития Киотского протокола.

НЕФКО и Несте Якобс подписали соглашение о финансировании и выполнении проектов, обеспечивающих безопасную перегрузку нефтепродуктов на терминалах России, Украины и Беларуси.

Согласно условиям соглашения, НЕФКО предоставит финансирование для внедрения технологий перегрузки нефтепродуктов и оказания инженерных услуг компании Несте Якобс.  

NEFCO has assumed the chairmanship of the Northern Dimension Environmental Partnership (NDEP).

Specifically NEFCO will manage the activities of the organization’s Steering Group, which is responsible for initiating and implementing environmental development projects in the Northern Dimension Area of Northwestern Russia.

It is hard to describe today’s district heating production in St. Petersburg without feeling the wing-beats of history. The world’s first district heating pipeline was laid to the address Fontanka 96 in St. Petersburg in 1924.

The Nordic Environment Finance Corporation announces that its NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam. The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The NEFCO Carbon Fund (NeCF) has signed three long term Agreements to procure certified emission reductions from three small hydro power projects in northern Vietnam.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM), and will generate predominantly post 2012 credits.

The Nordic Development Fund’s Board of Directors has approved financing of EUR 10 million for a new climate initiative named the ProClimate Facility (ProCF).

The new facility will be implemented in partnership with NEFCO’s Carbon Finance and Funds team, which has extensive experience of purchasing emission reductions from climate projects across the world.

The car drive from Pulkovo airport to Nurma some 55 kilometres east of St. Petersburg takes us through Ingermanland. The Finnish-sounding names of the villages and rivers testify to a Finno-Ugric past that continues to thrive in the region where JSC Rurik Agro, a Danish company, has chosen to set up its pig farm.

Eight schools and six day-care centres in Olenegorsk, which is situated in Northwestern Russia on the Kola Peninsula, will benefit from a comprehensive energy saving scheme financed from NEFCO’s Facility for Energy Saving Credits.

The project will involve the installation of automated heating sub-centrals as well as balancing and thermostatic valves in 14 buildings, which are owned by the city’s education department.

During rush hours, Moscow’s streets are often converted into parking lots. One of our hosts told us how it took him two hours to cover the 10 kilometres from his office to home in congested traffic on a sunny, stifling afternoon last spring. What would Moscow be without its public transport system?

The NEFCO Carbon Fund (NeCF) has signed two agreements to procure emission reductions from two small hydro power projects in Sichuan province, China.

The renewable energy projects will be implemented under the Kyoto Protocol's Clean Development Mechanism (CDM).

NEFCO and Neste Jacobs have reached an agreement to finance and implement projects to ensure the safe offloading of oil products at terminals in Russia, Ukraine and Belarus.

Under the terms of the agreement, NEFCO will fund the operations while Neste Jacobs will provide the oil offloading technology and its engineering services.