Our circular economy brief is online Circular economy is an economic model closely connected to climate change adaptation and mitigation,
Our circular economy brief is online Circular economy is an economic model closely connected to climate change adaptation and mitigation, the main strategic focus areas of NDF. We support the circular economy agenda through our projects in least developed countries and countries in fragile situations. NDF has financed projects that support circular economy with up to EUR 43.5 million in grants and equity. We are committed to continue working with our partners and finding circular economy solutions for climate action. |
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EEP Africa approves 32 new projects to accelerate access to clean energy EEP Africa, a trust fund managed and hosted by NDF, has a new diverse portfolio with a focus on productive use of energy, e-mobility, mini-grids, clean cooking and energy efficiency, to name a few. The EEP Africa Investment Committee has now approved funding for projects under the 2023 Call for Proposals. A total of EUR 13.6 million has been committed to clean energy companies in Eastern and Southern Africa. “Great to see how EEP Africa is attracting high quality proposals from project developers with innovative business models and approaches to address local challenges,” said NDF Program Manager and Investment Committee Chair, Isabel Leroux. |
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Listen to the podcast on climate finance NDF Deputy Managing Director Leena Klossner took part in the podcast produced by the Inter-American Development Bank entitled ‘It’s possible / Es posible’. The podcast talks about concessional climate finance and its positive impact. As a good example, the episode features the NDF Pipeline Accelerator Multi-Donor Trust Fund, where NDF was an anchor investor, and recently made a second significant contribution to the second phase of the Fund. |
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KjuonGo saves rainforests in Cambodia by producing sustainable charcoal Charcoal is commonly used as a cooking fuel in Cambodia and around the world. The KjuonGo Project, financed by NDF through the Nordic Climate Facility, has looked for a sustainable alternative to reduce the negative impact on rainforests. KjuonGo is a prime example of finding sustainable solutions for climate adaptation and mitigation. It has proved that sustainable charcoal is a viable alternative in regions, where charcoal is the most important cooking fuel, and where the shift to zero-emission electricity will not happen immediately. NDF, through the Nordic Climate Facility, supported the scaling up phase of the KjuonGo project with a 500,000 EUR grant in 2019-2022. |
Biodiversity and financing in the Nordic countries A new Nordic report on nature-positive investments presents tools to ensure that public and private investments strengthen biodiversity. It examines the biodiversity safeguard approaches of NDF and our sister organisations Nordic Investment Bank and Nefco. |
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NDC Pipeline Accelerator starts its second phase The NDC Pipeline Accelerator Multi-Trust Fund is implemented by the Inter-American Development Bank to support countries in Latin America and the Caribbean to reach their climate targets. |
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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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