NDF - Financing for climate change and development projects

Newsroom: News


The Nordic climate Facility (NCF) aims at building partnerships between the Nordic countries and NDF’s partner countries on climate change adaptation and mitigation.

Four million euros have been allocated on 25 November 2014 by the Board of Directors of the Nordic Development Fund (NDF) for a fifth Nordic Climate Facility (NCF) Call for Proposals with the theme Climate Resilience in Urban and Private Sect

Photo: EcoMicro

EcoMicro is a technical cooperation program designed for Latin American and Caribbean microfinance institutions.

EcoMicro, the USD 7 million programme, co-financed by the Inter-American Development Bank's Multilateral Environmental Facility (MIF) and the Nordic Development Fund (NDF) has been selected as a winner of the UNFCCC M

Photo: Aage Jørgensen

World Bank and NDF discuss new climate change initiatives

A delegation from NDF visited the World Bank (WB) in Washington DC on 19-20 November 2014. The purpose of the visit was to review the existing cooperation initiatives and discuss possible new opportunities for co-financing.

Photo: Jeff Attaway / CC 2.0

NDF reviewed climate change activities co-financed by NDF and the World Bank during the first two weeks in November 2014

Two of NDF’s four ongoing projects were reviewed together with the World Bank: the Flood Risk Management Project (called Stormwater Management and Climate Change Adaptation project by the World Bank), and the Second Sustainable and Participat

From left: Pasi Hellman, Managing Director of NDF, Luis Alberto Moreno, President of IDB, Leena Klossner, Deputy Director of NDF

IDB and NDF sign an agreement for support to the Emerging and Sustainable Cities Initiative and renewable energy in Honduras.

The Nordic Development Fund (NDF) will provide a contribution of EUR 4 million in continued support to the Emerging and Sustainable Cities Initiative (ESCI) in Latin America.

Photo: Kari Hämekoski

First agreements signed under the Nordic Climate Facility’s fourth Call

The first three agreements have been signed for climate change mitigation and adaptation projects under the Nordic Climate Facility’s fourth Call for Proposals (NCF4) on inclusive green growth.

Photo: Aage Jorgensen

Members of the Cleantech Finland network meet representatives of Nordic Development Fund

Nordic Development Fund and NEFCO hosted an event for members of Cleantech Finland on Thursday 13 November to introduce the two Nordic finance institutions.

Photo: Boris G. © Creative Commons Licence CC BY-NC-SA 2.0

Nordic Development Fund participates in the annual meeting of IDB’s Sustainable Energy and Climate Change Initiative (SECCI).

The Sustainable Energy and Climate Change Initiative (SECCI) of the Inter-American Development Bank was established in 2009 and provides support to concrete climate change projects in Latin America and mainstreaming of climate change into IDB ope

Photo: Aage Jørgensen

The new agreement covers cooperation and sharing of information on integrity and corruption related issues

In order to strengthen their cooperation, NDF and the Inter-American Development Bank (IDB), have signed an Agreement for Cooperation and Sharing of Information on integrity and corruption related issues.

Photo: Emeli Möller

The fifth African Rift Geothermal Conference (ARGeo-C5) is currently ongoing in Arusha, Tanzania, 29-31 October 2014.

The theme of this year’s conference is Geothermal: Solution to Africa’s Energy Needs.

Photo: Hannu Eerola

NDF participated during the second Global Geothermal Development Plan (GGDP) roundtable, held at the UN city in Copenhagen 23-24 October.

The GGDP is an initiative led by the Energy Sector Management Assistance Program (ESMAP) in collaboration with bilateral and multilateral funding institutions to develop a series of investments and to mobilize concessional funding for exploratory


NDF participated in the high-level Global Green Growth Forum 2014 to share experiences and discuss pathways for inclusive green growth

NDF also had discussions with other stakeholders for example the Global Green Growth Institute.


NDF met with the secretariat of the Green Climate Fund (GCF) in the context of the World Bank annual meeting in Washington, to discuss climate finance related issues that are of interest to both organizations.

It is expected that the GCF will play a key role in future climate financing to developing countries.

Photo: Hannu Eerola

The publication features concrete results from three water sector projects in Kenya.

Nordic Climate Facility (NCF) has published a newsletter that presents three different water sector projects in Kenya.

Photo: Kari Hämekoski, NEFCO

The CDM programme of activities, Improved Cook Stoves for East Africa (ICSEA) has been awarded with the 2014 Innovative Energy Project of the year, International Award.

The award is distributed by the Association of Energy Engineers (AEE), USA. The award was presented on 1 October 2014 at the World Energy Engineering Congress (WEEC) in Washington, D.C.

Photo: Jørgen Schytte/Danida

The Brief highlights the need and demand for mitigation measures that tap women’s potential to contribute to emissions reductions and sustainable development.

As a part of the regional technical assistance project Harnessing Climate Change Mitigation Initiatives to Benefit Women, financed by NDF and implemented by the Asian Development Bank (ADB), a policy brief on gender and climate finance has been p

Picture (from left): Leena Klossner, Deputy Director, NDF; Pasi Hellman, Managing Director, NDF and Clare Wee, Head, Office of Anticorruption and Integrity, Asian Development Bank

NDF signed a Memorandum of Understanding (MoU) with the Office of Anticorruption and Integrity (OAI) of ADB.

The purpose of the MoU is to strengthen cooperation between the two institutions in matters relating to fighting fraud and corruption by facilitating exchange of information and cooperation.


Today ADB and NDF signed two new co-financing agreements for two interesting climate change projects in Cambodia and Bangladesh. This makes the total ADB-NDF climate change project portfolio comprise 18 projects totalling 40.6 million euros.

The first agreement is for the Rural Roads Improvement Project II (RRIP II) in Cambodia.


Discussions consolidate NDF-ADB cooperation.

A delegation from NDF visited the Asian Development Bank (ADB) in Manila on 24 September 2014. The purpose of the visit was to review the existing cooperation initiatives and discuss possible new opportunities for co-financing.

Photo: Aage Jörgensen

Read the NDF blog post about connecting cross-sectoral planning and climate change adaptation in developing countries

The Sustainable Low Carbon Transport (SLoCaT) Partnership is counting down to United Nations Secretary General’s Climate Summit with its new Transport Blog @ Climate Summit.