NDF - Financing for climate change and development projects

Newsroom: News

16.6.2017
The African Guarantee Fund (AGF), the International Trade Centre (ITC) and the Nordic Development Fund (NDF) are organising a Green Finance Conference on 21 June in Nairobi, Kenya.

AGF and ITC, with funding from NDF, have partnered to expand access to climate-focused finance for small and medium-sized enterprises (SMEs) in Africa.

13.6.2017

NDF co-hosted today Mr Takehiko Nakao, President of the Asian Development Bank, during his tour covering Finland and other European countries.

Photo: Walt Ratterman, Sunepi via https://flic.kr/p/8SiGon
12.6.2017
EUR 7.5 million in equity and grant financing from NDF will help the responsAbility Renewable Energy Holding Company bring financial resources and expertise to clean energy projects in Africa.

The private equity fund responsAbility Renewable Energy Holding Company (rAREH) will receive EUR 7.0 million (approx. USD 7.8 million) in shareholder equity and EUR 0.5 million (approx. USD 0.6 million) in grant financing from NDF.

Photo: Gaia
9.6.2017
The NCF-co-financed project “Clean Energy Promotion through Microfinance in Ethiopia” has won the National Energy Globe Award Ethiopia.

This award is the second to be won by the project, which was also given the 2016 Best Climate Practices Award by the International Center for Climate Governance.

Photo: Chris Morgan
9.6.2017
The NDF project “Climate Smart Solutions for Small-scale Water and Energy Supply” has provided an innovative solution to Tanzania’s rural water supply challenge.

Through solar-powered water pumps, the project has brought tap water to communities in rural Tanzania, saving time, money and health problems resulting from unclean water consumption.

9.6.2017
Two new NDF publications are now available online, including recent institutional and operational highlights.

During 2016, nine NDF-backed climate-related projects reached completion.

From left: Ms. Christina Harttila, Ambassador; Mr. Mehdi Khouili, AUC; Dr Abou-Zeid, Commissioner, AUC; Mr. Pasi Hellman, Managing Director, NDF; Dr. Martti Eirola, Senior Advisor, MFA Finland; Ms. Leena Klossner, Vice President, NDF; and Mr. Aage Jorgensen, Country Program manager, NDF.
2.6.2017
1 June - NDF hosted Dr. Abou-Zeid, Commissioner for Infrastructure, Energy, ICT and Tourism at the African Union Commission for discussions on climate change, energy and infrastructure initiatives in Africa.

The Energy and Infrastructure Commissioner, Dr Amani Abou-Zeid, from the African Union Commission in Addis Ababa visited NDF on 1 June together with representatives of the Finnish Ministry of foreign Affairs.

26.5.2017
NDF and AfDB: 25 years of collaboration and co-financing, and the partnership now stronger than ever

The annual meeting of the African Development Bank (AfDB), held in Ahmedabad, India, from 22 to 25 May, was also an occasion for NDF and AfDB to recognise their 25 year long history of collaboration in co-financing.

Photo: Maja Bygvrå, Plan International DK
24.5.2017
Young “climate champions” recruited from local communities are playing a prominent role in a Nordic Climate Facility project designed to help the residents of slum districts in Dhaka, Bangladesh, adapt to climate-related problems.

“In our communities we face lots of problems due to climate change, including flooding, waterlogging and the scarcity of safe water, which leads to health hazards like waterborne diseases,” explains Farjana Akhter, 18

19.5.2017
The NDC Accelerator Trust Fund is a new project preparation financing facility aimed at fast tracking sustainable projects in line with the targets of the 2015 Paris climate conference.

The NDF Accelerator Trust Fund is one of four pillars of the IDB's new NDC Invest platform. NDF is the anchor investor to the Fund with a contribution of EUR 10 million approved in January 2017.

19.5.2017
Nordic Climate Facility, an NDF-financed challenge fund for innovative climate change projects, will launch a new call for proposals on 28 August 2017.

The seventh call for proposals of the Nordic Climate Facility (NCF) will be open from 28 August to 29 September 2017.

Nicaraguan Tourism Minister and delegation
16.5.2017
Delegation from Nicaragua visited NDF to discuss collaboration

The Minister of Tourism of the Republic of Nicaragua Ms Anasha Campbell visited NDF yesterday to discuss possibilities for collaboration. The Minister was accompanied by a delegation that included Mr.

Abidjan, Côte d'Ivoire. Photo: NDF
15.5.2017
The rapid urbanisation of Africa and opportunities for Nordic-African cooperation were discussed in Helsinki last week at a conference co-organised by NDF.

The Africa’s Urban Future conference took place on Friday, 12 May and was organised by the Nordic Africa Institute, University of Helsinki, Finnish Ministry of Foreign Affairs, and the Nordic Development Fund.

From the left to right is Federico Brusa, Scarleth Nunez, Omar Samayoa, Gloria Visconti and Luis Miguel Aparicio
11.5.2017
Government officials and private sector entities learn how to access funding from the Green Climate Fund.

More than 100 representatives from different governmental institutions, universities, civil society, indigenous organizations, international entities and private enterprises took part in a national workshop in Tegucigalpa in Honduras last week, t

Photo: NDF
3.5.2017
The main responsibility is to help with the daily work in the office. The work is conducted on an hourly basis, approximately 2-3 days/week starting during the summer of 2017.

More information about the position can be found in the job announcement.

Photo: NDF
28.4.2017
Addis Ababa. 28 April, 2017 (ECA). AFRI-RES, a unique facility to support climate proofing Africa’s long-lived infrastructure investments, was given significant impetus with the formal approval of funding of 5 million Euros by the Nordic Development Fund (NDF) for its programme activities.

Nordic Development Fund teams up with ECA, AUC, World Bank and AfDB to operationalize AFRI-RES, a unique facility for enhancing the climate resilience of investments in Africa’s long-lived infrastructure

Photo: NDF
27.4.2017
Proadapt program in focus at international conference on climate risk and investment.

Leaders and practitioners within climate finance joined for a discussion of common challenges and emerging investment opportunities in climate resilience in the Climate Risk and Investment: Framing Private Challenges and Opportunities conference

Photo: NDF
21.4.2017
An NDF project testing biochar’s potential as fertiliser in Nepal was commended in April 2017 with an award for best International Development Project.

The award was given to Landell Mills for best International Development Project by British Expertise International. Landell Mills is a UK-based international development consulting firm.

Photo: ADB
18.4.2017
A project co-financed by NDF will enable the urban poor to better cope with storms and floods through affordable, climate-resilient housing.

On 24 March, NDF participated in an inception workshop for the ADB-led project Sustainable and Resilient Urban Development.

Photo: NDF
13.4.2017
NDF is co-arranging a one-day workshop on African urbanisation with the Nordic Africa Institute, the University of Helsinki and Finland's Foreign Ministry.

The welcome address will be given by Mr Kai Mykkänen, Minister for Foreign Trade and Development of Finland.

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