The wastewater treatment plant in Muuga was upgraded partly with financial backing from the Baltic Sea Action Plan Fund.
Accelerating the Green Transition
NEFCO finances exclusively environmental and climate-related projects. We focus on small and medium-sized projects with demonstration value and scale-up possibilities to make them bankable. The positive environmental impact is what drives us forward.
Our focus areas
Since 1990, NEFCO has been financing small and medium-sized environmental projects in a cost-efficient way
Number of projects that have been or are being financed
New projects agreed in 2019
Total sum of funds managed
Schools and hospitals renovated in Ukraine
Beyond the Grid Fund for Africa launches the Pre-Qualification stage of its first Call for Proposals
Beyond the Grid Fund for Africa (BGFA) is opening the Pre-Qualification stage of its first Call for Proposals (BGFA1) inviting off-grid energy companies to compete for results-based funding to bring clean, modern and affordable energy to customers in peri-urban and rural areas of Burkina Faso, Liberia and Zambia.
Sweden and NEFCO kick off new initiative on clean cooking financing solutions
Sida, through the Swedish Embassy in Zambia and together with the Nordic Environment Finance Corporation (NEFCO), is now commencing a new initiative, the Scaling of Clean Cooking Solutions programme. The first phase is to carry out detailed scoping in Zambia, looking into ways to test the use of Results-Based Financing (RBF) to incentivise the development
Growing number of Nordic companies going global through Nopef financing
The year 2019 of the Nordic Project Fund (Nopef) was characterised by a good project activity, especially during the second half of the year, and by a growing application activity among Nordic companies with operations related to renewable energy and other climate solutions. Read further in the Annual Review.