Nordic Environment Finance Corporation (NEFCO)

The Nordic Environment Finance Corporation (NEFCO) is an International Financial Institution established by the Nordic Governments in 1990. NEFCO provides results-based green financing targeted at small and medium-sized projects (SMPs) with demonstration value. Moreover, NEFCO’s financing is aimed at increasing use of the best Nordic Solutions in terms of experience and practices, and at serving as a forerunner enabling bigger projects and scaling-up possibilities, which in many cases are then driven forward by the larger International Financial Institutions.

The current main priorities for NEFCO are to continue its activities targeting the reduction of pollutants affecting the Baltic Sea and the Arctic and Barents regions, and to continue the activities related to the promotion of Green Growth and to further prevent Climate Change. The focus is made on interventions related to renewable energy, energy efficiency and the reduction of short-lived climate pollutants, having a positive effect on adaption and mitigation, including the carbon markets.