NDF - Financing for climate change and development projects

A high-level delegation from ADB visited NDF

NDF co-hosted today Mr Takehiko Nakao, President of the Asian Development Bank, during his tour covering Finland and other European countries. The visit focused on a broad variety of current topics in multilateral financing and the key development needs in the bank’s focus area including infrastructure and climate change. Topics of mutual interest also included the role of concessional financing and mechanisms for blended finance, as well as ways to mobilise more private sector financing for climate change.

The visit was co-hosted with the Nordic Investment Bank and also included visitors from Finnvera, the Export Credit Agency (ECA) of Finland. Possibilities for collaboration were explored with all institutions jointly, and separately. NDF emphasised its continued focus on concessional financing towards climate change and development, value adding activities also in countries gradually reaching a stronger economic and social development. The 24-year-long collaboration between NDF and the ADB will be a strong base for discussions on future collaboration on identified opportunities and new ideas.
 
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24 years of ADB-NDF collaboration