NDF - Financing for climate change and development projects

Newsroom: News

Photo: Ivan Senfuma

New clean energy infrastructure brings water closer to households.

NDF Uganda Country Program Manager Charles Wetherill joined teams from the Ugandan Ministry of Energy and Mineral Development and

Photo: NDF

The last two stops of the Nordic Climate Facility’s (NCF) Nordic road show were held in Stockholm and Copenhagen on 6 and 8 September. The objective of the road show was to promote the facility’s 7th call for proposals. In both cities, the presentations drew the attention of a large number of people from the private sector, NGOs and academia.

The events were organised in collaboration with local counterparts. In Sweden, these were Smart City Sweden and the Swedish Agency for Economic and Regional Growth. In Denmark, NCF partnered with the Confederation of Danish Industry.

Photo: NDF

Final evaluation and impact study find positive impacts of investments in disaster risk reduction and climate change awareness in Nicaragua.

The Disaster Management and Climate Change Project, completed earlier this year, aimed at reducing damage linked to climate change in two watersheds in northern Nicaragua.

Photo: Matis

On 1 September, the Nordic Development Fund organised an event in collaboration with Promote Iceland and the Ministry of Foreign Affairs of Iceland to introduce the Nordic Climate Facility (NCF) and its current, 7th call for proposals. The event drew an audience mostly consisting of Icelandic private sector organisations intending to target developing markets.

Emeli Möller, Manager of the Nordic Climate Facility, presented information related to the 7th call, including eligibility and selection criteria, as well as guidance on how to apply.

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

Recent report captures the renewable energy financing landscape for 15 countries in Southern and East Africa and points the way toward added value for the next phase of the Energy and Environment Partnership (EEP) in the region.

Ensuring universal access to clean energy is at the core of the 2030 Agenda for Sustainable Development.

Photo: NDF

On 17 August, nine Nordic and Finnish financing organisations took part in an NDF event on financing modalities for business in developing countries.

The purpose was to present different financing instruments available to Finnish companies and organisations who intend to do business in developing markets.

Photo: Jagath Navinda, responsAbility

Two new Nordic equity investments will support African countries to increase their clean energy production. The Nordic Development Fund and Norfund have approved a total of USD 19 million of equity investments in responsAbility Renewable Energy Holding (rAREH). Other investors in rAREH are Germany’s KfW and Switzerland’s responsAbility.

responsAbility Renewable Energy Holding (rAREH) aims to increase the renewable energy supply in Sub-Saharan Africa in a responsible way while generating attractive, long-term and stable cash flow

Photo: Daniel Roca

Climate change does not affect everyone equally. Poor and disadvantaged groups of people often suffer the most, and women in particular are vulnerable and struggle to adapt.

Photo: NDF

A Nordic Development Fund (NDF) grant will support a new fund to help African cities plan climate-resilient urban infrastructure development

NDF’s Board of Directors has approved an EUR 4 million grant for the Urban & Municipal Development Fund for Africa (UMDF), a project preparatory fund to be established by the African Development Bank (AfDB).


The successful green finance conference held in Nairobi on 21 June raised interest also among the media on green finance.

Photo: Daniel Roca

In the Cambodian countryside, NDF- and ADB-funded paved roads and water reservoirs carry a multitude of benefits for communities.

A series of rural roads and water reservoirs built across Cambodia have brought new strength to communities struggling to fight extreme weather conditions caused by climate change.

Photo: NDF

NDF’s Board has approved a EUR 0.5 million grant for the Kikuletwa Power Station and Hydropower Training Centre in Tanzania.

Only 24 percent of households in Tanzania have access to electricity. The problem is especially severe in northern Tanzania, where Kikuletwa River is situated. While Tanzania has significant hydropower potential, most is yet to be developed.


The 2016 Annual Review for the Nordic Climate Facility's calls 1 to 4 has been published.

The Annual Review covers calls 1-4, which are administered by NEFCO. At the end of 2016, 36 out of 51 NCF1-4 projects were fully completed.


Nairobi, Kenya, 21st June 2017: Access to finance for SMEs is the answer to growing a green and economically sustainable future for Africa.

In a continent where Green Finance has been unreachable for numerous SMEs, the conversation on the opportunities in the region could not have come at a better time.

Photo: Basanta Gautam, Arbonaut

A Nordic Climate Facility (NCF) project in Nepal is helping women identify and test alternative income streams.

In Nepalgunj Sub-Metropolitan City, one of Nepal’s fastest growing cities, changes in rainfall pattern is seriously affecting people’s livelihood.

Low-income neighbourhoods such as this one in Addis Ababa are hot-spots for vector borne diseases that will increase due to climate change

The World Bank has been building up valuable practical knowhow on the emerging issue of linkages between climate change and health, thanks to a recently completed three-year project largely financed by NDF.

The project particularly focused on risks and opportunities in Africa, with Mozambique chosen for country-level work on diagnostics.


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.


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

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

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.