Opening doors for green financing at scale
NEFCO’s business concept is financing of private and public small and medium-sized projects that contribute to sustainable green growth and tackling climate change – while leading the way by concrete examples. Through our many innovative demonstration projects, we try to inspire repetition, mainstream and open doors for larger new investments and mobilisation of green financing at scale. Everything we do is very hands-on, showing impact – and impact potential – by actually doing and supporting companies, cities and project developers on the ground.
We help Small and Medium-sized EnterprisesSMEs to grow Nordic green solutions on 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 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 the investment. By combining different financing sources available to us – our own funds and funds we hold in trust – we leverage and make projects 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.