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Newsletter

May 2020

Nordic Development Fund

NDF Board approves new strategy

“Recognising the important role of the private sector in achieving the goals of the Paris agreement and in implementing Agenda 2030, the new strategy further highlights NDF’s role as an innovative financier, in providing much needed early-stage financing and de-risking in private sector climate projects," says Lars Roth, Chairman of NDF's Board of Directors.


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ADB Ventures announces successful close of fund to boost climate technology solutions in Asia-Pacific markets

“Today’s announcement marks an extraordinary first success for this fund,” says NDF Project Manager, Aleksi Lumijärvi. “In a fundraising landscape often characterised by delays, I’m excited to see that we are right on schedule and that subscriptions immediately hit capitalisation targets of USD 50 million for the first close."


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Iceland and NDF exploring new collaboration opportunities with UNEP

The Icelandic Ministry for Foreign Affairs and NDF have collaborated with the United Nations Environment Program (UNEP) in the area of geothermal energy in a program that has recently been completed. Through this partnership, significant results have been achieved that will help promote investments in clean geothermal energy in East Africa.


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Investments in climate-resilient development pays off

Final evaluation and lessons learned find positive impacts of investments in climate-resilient development in two recent projects in Mozambique and Nicaragua.


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The Annual Report for 2019 is now published

Year 2019 shows NDF is an impactful player and a tool for Nordic financing in climate change and development.


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Clean energy - fostering livelihoods in Pakistan

The project funded by the Nordic Climate Facility achieved positive impacts in energy security and enhancing climate resilience in Karachi, Pakistan.


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Nordic leadership in addressing climate change and development challenges

We advance Nordic leadership in addressing climate change and development challenges through financing, knowledge and partnerships. 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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