NDF Results Report 2022 is online! We have now released our 2022 Results Report, which shows how NDF contributes to addressing the global
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NDF Results Report 2022 is online! We have now released our 2022 Results Report, which shows how NDF contributes to addressing the global challenges in the nexus between climate and development. The data is collected by applying our Results Management Framework, and complemented with project examples, introducing people and places behind the data. In 2022, NDF had 48 active projects in their portfolio which received EUR 359 million in total financing. This catalytic financing contributed to EUR 3.7 billion in additional climate finance mobilised with partners. 61% of our projects were directed towards adaptation projects and 56% towards Sub-Saharan Africa. “During 2022 we faced multiple old and new crises that have negative impacts for the global climate and development goals. These interlinked crises have increased uncertainty and multiplied the already massive challenges that exist in climate change, poverty reduction and the global economy,” said Karin Isaksson, NDF’s Managing Director, “These challenges, and the urgency to tackle them, make NDF more well-placed than ever to build a better future.” |
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Annual Financial Report We have also published our Annual Financial Report 2022, presenting our financial statements and highlights of the year. Despite the compounding global issues - the energy crisis, inflation, rising debt vulnerability, security concerns and the rapidly changing climate - NDF has proved its strength as a powerful Nordic tool for tangible solutions in the climate finance arena in countries which need them the most. |
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World Circular Economy Forum NDF joined the World Circular Economy Forum in Helsinki, from 30 May to 2 June 2023. We were on stage for the session focusing on finance and joined other Nordic institutions hosting the Nordic Expo Hub. Unlocking finance for sustainable solutions was one of the topics addressed in the Forum. Karin Isaksson and Anthony Nyong, the Director of Climate Change and Green Growth from African Development Bank outlined the path towards addressing the critical need to find financing for climate and circular economy. ”We need patient and risk-tolerant capital from investors, to complement and crowd-in more commercial investors with a different risk-return profile. We need governments, development finance institutions and commercial investors joining forces to finance sustainable and viable business models for circularity,” said Karin Isaksson, the Managing Director of NDF. |
Nordic leadership in addressing climate change and development challenges Together with our strategic partners, we develop, launch and scale high-impact projects to support developing countries and the most vulnerable people affected by climate change. |
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