NDF - Financing for climate change and development projects

Newsroom: News


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 .

Photo: EEP

The main responsibility is to support set up, management and delivery of the new Energy and Environment Partnership (EEP) Trust Fund.

The position is for three years, based in Helsinki and requires travel.


A recently published PROADAPT toolkit to integrate gender in climate resilience projects now available

It is well known that women and men adapt differently to climate change. There is evidence showing that men have certain advantages in coping with climate shocks and women are often disproportionately vulnerable to the effects of climate change.

Photo: Maja Bygvrå, Plan International

Emphasis on green business development brings in record number of Nordic private companies.

The Nordic Climate Facility (NCF) received 138 concept note applications under its seventh call for proposals.  After the initial eligibility screening, 121 were deemed eligible and were evaluated by NCF’s Evaluation Committee.

Photo: Rare Conservation

Sustainable Solutions and Candid Conversations Focused on the Future Spur Positive Change for Today’s Mozambican Fisheries

Nordic Development Fund supports together with World Bank, Rare and the Government of Mozambique the Fisheries and Climate Change FISHCC Project in Mozambique.

Photo: Joel Sheakoski

NDF gathers partners at COP23 for blended finance discussion.

Leveraging public financing to scale up progress on Sustanainable Development Goals (SDGs) and Nationally Determined Contributions (NDCs) was the theme of a side event and panel discussion hosted by NDF at COP23 in Bonn.

Photo: NDF

How the private sector can turn climate risk into business and investment.

On November 10, NDF participated in “Climate Resilience as a Business”, an event organized in Bonn during the 23rd session of the Conference of the Parties (COP 23) to the UN Convention on Climate Change (UNFCCC).

Photo: NDF

Development and launch of the first private sector investment strategy for climate adaptation and resilience.

NDF has approved financing of EUR 500,000 to partly finance the preparation activities and establishment of   the Climate Resilience and Adaptation Finance and Technology Transfer Facility (CRAFT).


African Guarantee Fund (AGF), International Trade Center (ITC), and Nordic Development Fund (NDF) team up for 3rd Green Finance Conference.

Following successful green finance events in Lusaka and Nairobi earlier in the year, a third conference on the theme will take place in Accra, Ghana, on 21 November 2017, with the joint sponsorship of AGF, ITC and NDF.

Photo: EEP – Energy and Environment Partnership / Southern and East Africa

14 November, 15:00 - 16:30
Delivering SDGs and NDCs in Africa:
Clean Energy Investments through Public-Private Collaboration

Photo: NDF

NDF’s role in climate finance was discussed at the meeting of parliamentarians.

The annual assembly of the Nordic parliamentarians, the Nordic Council’s 69th session, provided  a question hour for the parliamentarians with the Nordic development ministers.  On Wednesday, Karin Gaardsted, memb

Credit: NDF

Iceland is not only a shareholder of NDF but also collaborates in co-financing, particularly in the area of geothermal development in Africa and Central America.

NDF Managing Director Pasi Hellman visited Reykjavik to hold discussions on issues of common interest to both Iceland and NDF.