Supporting the ecological wellbeing of the Baltic Sea area

The Baltic Sea Action Plan Fund (BSAP) was set up in 2010 to help speed up the implementation of the Baltic Sea Action Plan, adopted by the HELCOM member countries in 2007. The ultimate aim of the Action Plan and the Fund is to restore the ecological status of the Baltic Sea.

The Fund provides grant financing for project preparation, technical assistance as well as implementation to project measures that support the Baltic Sea Action Plan and would not otherwise happen. A key purpose of the Fund is to facilitate and speed up the preparation of bankable projects from both public and private entities.

Financed projects include biogas production, nutrient recycling, manure management, small scale sanitation plants, wastewater treatment, alternative fuels and harbour facilities for wastewater management.

Contributors

The BSAP Fund is financed by contributions from the governments of Sweden and Finland and jointly managed by NEFCO and the Nordic Investment Bank (NIB).

Available funding

Financing can be awarded to a commercial or non-commercial partner for institutional support, demonstration purposes, project preparation and development, or project implementation in the Baltic Sea Region and its catchment area.

Selected proposals may receive grant financing from EUR 30,000 to EUR 200,000 subject to certain co-financing requirements.

Application process

The most part of the funds under the Baltic Sea Action Plan Fund has been allocated to projects, but the Fund is still open for applications. Recently NEFCO launched a marketing campaign, actively looking for new project ideas. The application deadline for this campaign expired on 18 April 2019. Possible future similar campaigns might be announced on this page.

See also:

Baltic Marine Environment Protection Commission (HELCOM)

Contacts

Anja Nystén

Senior Manager, Environment and Technology

+358 10 6180 663
anja.nysten@nefco.fi
Finnish, English, Swedish

Dennis Hamro-Drotz

Investment Manager

+358 10 6180 641
dennis.hamro-drotz@nefco.fi
Swedish, Finnish, English