NEFCO and the Armenian Government have today signed a framework agreement that acknowledges NEFCO’s status as an international financial institution in Armenia. This will pave the way for new projects with environmental benefits in the country.
NEFCO and the Ukrainian company LLC Karpatenwind have signed a loan agreement aimed at establishing a wind farm close to the city of Staryi Sambir in the Lviv region in western Ukraine. The agreement was signed at Lviv International Economic Forum that was inaugurated by the Ukrainian President Petro Poroshenko today.
The Nordic Ministers for the Environment have launched a new co-operation programme aimed at improving the state of the environment and addressing climate change in Northwest Russia.
The Arctic Council Project Support Instrument (PSI) has approved a project aimed at improving the conservation status of declining Arctic migratory bird populations.
The Baltic Marine Environment Protection Commission’s Pressure Group has decided to call for NEFCO to co-ordinate the clean-up of a toxic waste disposal site in Krasnyi Bor, Russia.
Nopef has approved financing for 9 new projects, which means that 52 projects with a total value of approx. EUR 1.65 million have so far been granted funding this year. The funded companies are expected to raise total investments of EUR 67.7 million once they establish a local presence in the project countries.