NDF - Financing for climate change and development projects

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Photo: The World Bank

NDF signed a credit agreement with Benin and a grant agreement with the World Bank during the World Bank’s Spring Meetings.

NDF was the first financing institution to approve financing of a total amount of EUR 13.1 million for the West African Coastal Areas Program. The World Bank approved financing of USD 225 million for the project in April. 

Paula Tommila/Gaia Consulting Oy

NDF is partnering with Nordic organisations in arranging events for presenting its financing opportunities available especially for the private sector.

NDF’s flagship challenge funds, the Nordic Climate Facility (NCF) and the 

Colonia Villa Nueva, Tegucigalpa. Photo: Aage Jorgensen

New NDF-financed publication: Asset Planning for Climate Change Adaptation in Poor Neighbourhoods of Tegucigalpa, Honduras

In studies of climate change vulnerability, an important constraint relates to the uncertainty of climate projections that local governments require to estimate the risks and impacts that climate events have in different areas within the city.


Helsinki meeting provides venue for strengthening a growing partnership for green finance and SME growth in Africa

NDF hosted colleagues from the African Guarantee Fund (AGF) and Denmark’s Investment Fund for Developing Countries (IFU) for a meeting of the AGF Audit Committee.

Mozambique National Institute of Meteorology (INAM) headquarters in Maputo. Photo: NDF

The Mozambique National Institute of Meteorology (INAM) will begin a new multi-nationally supported project to modernise and improve meteorological services.

Maputo 23 March 2018 - Mozambique  is vulnerable to the impacts of climate change and extreme weather events such as drought, floods and cyclones.

Photo: The World Bank

Smart initial investment in West Africa leads to a more extensive financing package.

The West Africa Coastal Area Erosion and Adaptation Project (WACA, NDF C77), a recipient of EUR 500,000 in NDF support, was successfully completed in 2017.

Cattle farmer Alfredo Matus telling how biogas increases his production. Photo: NDF

Farmers increase their production and save money through climate-friendly biogas technology in NDF-supported project in Nicaragua

NDF is on a supervision mission to Central America and together with the NGO SNV, we visited four different biogas systems.


Read the newly published Annual Report 2017 online


The main responsibilities are to support in preparing and reviewing contractual documents, and to perform background research and proof-reading of legal documents.

The work is conducted on an hourly basis, approximately 2-3 days/week starting in April 2018 and continuing to the end of November 2018.


NCF has directly benefitted 1.4 million people across Africa, Asia and Latin America

NDF and NEFCO have together published the Nordic Climate Facility Results Report 2017.

Photo: EEP

The new Energy and Environment Partnership Trust Fund covering Southern and East Africa goes live with a combined commitment of EUR 25 million from Finland and NDF

NDF hosted a delegation from the Ministry for Foreign Affairs of Finland (MFA Finland) today for the signing of a EUR 15 million financing commitment to the new Energy and Environment Partnership Trust Fund covering Southern and East Africa (EEP


The report confirms NDF’s results to be highly satisfactory at all levels.

Photo: NDF

NDF, WB, AfDB and AUC come together to discuss how to harness the private sector and mobilise public-private partnerships to unlock delivery on climate resilient infrastructure in Africa

Marrakech 27 February 2018. This morning marked the opening of the third Africa Climate Resilient Infrastructure Summit (ACRIS III) in Marrakech.


On 16 February 2018, NDF Managing Director, Pasi Hellman, had the opportunity to meet with Naoko Ishii, CEO and Chairperson of the Global Environment Facility (GEF), to discuss current and future collaboration between the two organisations.

During the meeting, it was noted that both organisations share similar strategic principles, based on the financing of innovative climate projects.

Photo: LAFREC Project

The country looks to improve the management of forests and search for alternative sources of fuel.

Rwandan officials have called for strong collaboration between all stakeholders to ensure that efficient alternative sources of energy are found and wood fuels are utilized efficiently.

Photo: NDF

Along with NDF's Managing Director, the Chairman of the Board saw first-hand projects in Kenya and gained new insight into development in Africa

Egill Gislason, NDF’s Chairman of the Board, has completed a three-day visit to Kenya together with Pasi Hellman, NDF’s Managing Director for meetings in Nairobi and elsewhere in Kenya.


The latest issue of NDF's newsletter is now available online.

NDF’s newsletter “Climate in Focus” 1/2018 includes articles about green finance, the progress of NCF’s 7th call for proposals, and the launch of the new Energy and Environment Partnership (EEP) Trust Fund under the leader

Photo: EEP

African Development Bank, Global Environment Facility, Calvert Impact Capital and NDF partner in USD 55 million investment into Off-Grid Energy Access Fund

On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”).


Green finance conference highlights challenges and opportunities for businesses going green in Ghana.

Together with the African Guarantee Fund (AGF) and the International Trade Centre (ITC), NDF sponsored the 3rd in a series of green finance conferences taking place across Africa in 2017 with an event in Accra, Ghana on 21 November 2017.


Climate adaptation and resilience programs in focus at One Planet Summit on 12 December.

France hosted, in collaboration with the United Nations and the World Bank Group, a high-level summit on climate action mobilisation in Paris on 12 December .