NDF - Financing for climate change and development projects

Nordic Council and NDF

Photo: Johannes Jansson (NORDEN)
16.01.2015

Nordic Council consistently supports NDF

Over the past couple of years, the Nordic Council – whose membership consists of members of the Nordic national parliaments – has on several occasions discussed the topic of climate change. The Council’s perspective on the topic has, quite logically, been focused on the role of the Nordic countries in international climate change negotiations. The Council has been especially interested in work to mitigate climate change and adapt to its consequences.

As results of these discussions, the Council has also issued specific recommendations, some of which relate directly to the Nordic Development Fund, its role and future resources.

Council recommendation on NDF’s financial resources

In the Council Session in Helsinki in November 2012, the Council made recommendations to the Nordic country governments in a document called “NIB and NDF as instruments in climate work.”

One recommendation was specifically focused on NDF. The Council recommended that the Nordic governments provide more capital for NDF to support its climate activities in low-income countries.

The Council recommendation was based on a Proposal by the Council’s committee on environment and natural resources.

In its proposal, the environment and natural resources committee assessed the independent evaluation of NDF in 2012, and noted that NDF had achieved good results since its reform in 2009. The committee was of the view that NDF had made successful inputs in climate work, and mentioned the Nordic Climate Facility (a financing instrument financed by NDF) as a specific example of such work. Moreover, the Committee argued that NDF helps provide Nordic expertise and technology to developing countries, and in general provides opportunities for Nordic companies and other organisations.

The 2012 recommendation by the Nordic Council has been a contributor to discussions on NDF’s future financial resources that have been on-going among the Nordic countries, most notably within the NDF Board of Directors.

As part of the dialogue between the Nordic Council and the Nordic country governments, The governments issued a response to the recommendation in 2013.

This response led the Nordic Council, again based on A proposal by its Committee on environment and natural resources, to renew the same recommendation in its session in Oslo in November 2013 (a decision not to “write off” the earlier recommendation).

Similar process took place in 2014, when after The new response by the Nordic governments the Council in its session in Stockholm in November 2014 again decided to renew its earlier recommendation to strengthen NDF’s financial resources.

Other Nordic Council recommendations on NDF

In its thematic session in Akureyri in April 2014, the Nordic Council discussed the role that the Nordic countries could play in building bridges between the developing countries and the industrialised countries in international climate change negotiations.

The discussion resulted in A recommendation to look for ways for NDF to support the operations of the new Green Climate Fund .

As NDF’s current activities are in all possible ways very supportive of the GCF’s objectives, identifying cooperation possibilities in this field is a natural thing to do. In their response to the recommendation, the Nordic governments mentioned several ways for NDF to support the activities of the GCF. Indeed, NDF is already active with the GCF.

The council noted this as being A fully sufficient and satisfactory response to its recommendation.

 

More information

NIB and NDF as instruments in climate work
Proposal by the Council’s committee on environment and natural resources
The governments issued a response to the recommendation in 2013
A proposal by its Committee on environment and natural resources
The new response by the Nordic governments
A recommendation to look for ways for NDF to support the operations of the new Green Climate Fund  
NDF is already active with the GCF
A fully sufficient and satisfactory response to its recommendation