NDF - Financing for climate change and development projects


NDF’s capital is provided from the development cooperation budgets of the Nordic countries. The original, subscribed capital of NDF is SDR 515 million and EUR 330 million and amounts to approximately EUR 1 billion. In 2015, the subscribed capital was remitted, representing EUR 1 billion.

NDF’s total assets are around EUR 860 million of which 85% are tied to concessional loans with long maturities. The reflow from these assets combined with NDF’s liquid assets form the basis for NDF’s operations.

More information

Annual Report 2019
Annual Report 2018
Annual Report 2017
Annual Report 2016
Annual Report 2015
Annual Report 2014

 Annual Report 2013
Annual Report 2012
Annual Report 2011
Annual Report 2010
Annual Report 2009
Annual Report 2008