Opening doors for green financing at scale
NEFCO’s business concept is financing private and public small and medium-sized projects that contribute to sustainable green growth and combating climate change – leading the way by using concrete examples. Through our many innovative demonstration projects, we try to inspire the mainstream to follow our example and open doors for new larger investments and the mobilisation of green financing at scale. Everything we do is very hands-on, demonstrating impact – and impact potential – by taking action and supporting companies, cities and project developers on the ground.
We help Small and Medium-sized EnterprisesSMEs to grow Nordic green solutions in global markets through our global investments and the Nordic Project Fund (Nordic Project Fund, provides funding for Nordic SMEs for projects aiming at internationalisation within green growth and the environmental sector. NEFCO is the fund manager.Nopef). For public projects, we offer softer financing options, including grants, technical assistance and project support, to get them started. We blend our own loan funds with financing provided through us, to develop and prepare new public green investments, soften our loans and de-risk investment. By combining different financing sources available to us – our own funds and funds we hold in trust – we leverage projects and make them feasible and bankable.
NEFCO holds substantial funds in trust from the Nordic governments, and is accredited by both the European Union and the Green Climate Fund. Our trust fund management complies with the highest fiduciary standards, and we have the necessary experience, competence and procedures to handle substantial trust fund assignments.