The city of Bila Tserkva, with about 215,000 inhabitants and situated some 90 km Southwest from Kyiv in Ukraine, modernised over half of its street lighting system in 2018-2019.
Financing green projects
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
NEFCO is seeking Members to its Sanctions Panel
Following the adoption by the Board of Directors of NEFCO of the Policy on Anti-Corruption and Compliance (the Policy) in December 2019, a Sanctions Panel will be established to decide on the sanctioning of external entities and individuals that have been investigated under the Policy for suspected engagement in Prohibited Practices.
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.