Nordic Environment Finance Corporation

Nordic Environment Finance Corporation (Nefco) operates as a specialized international financial institution dedicated to accelerating global green transitions through strategic capital investments. Established in 1990 through a collaborative initiative of Denmark, Finland, Iceland, Norway, and Sweden, Nefco functions exclusively as the Nordic Green Bank, providing financial support solely for environmentally sustainable projects. This unique focus positions Nefco as a pioneering institution in the green finance landscape, working to bridge the gap between innovative Nordic environmental solutions and global implementation challenges.

With over three decades of operational experience, Nefco has built an impressive portfolio encompassing more than 1,600 projects across diverse environmental sectors. Their investment activities span renewable energy, energy efficiency, clean water infrastructure, waste management solutions, and sustainable industrial processes. By providing risk capital specifically for the initial scale-up phase, Nefco addresses a critical funding gap that often prevents promising green technologies from achieving commercial viability and widespread adoption.

Nefco's investment approach combines financial sustainability with measurable environmental impact, prioritizing projects that demonstrate significant potential for reducing emissions, conserving natural resources, or improving resource efficiency. The institution employs a range of financial instruments tailored to early-stage green ventures, including equity investments, loans, and guarantees. This flexibility allows Nefco to support diverse project types while maintaining its commitment to environmental integrity and financial responsibility to its Nordic stakeholders.

Beyond providing capital, Nefco leverages extensive expertise in environmental finance and project implementation to support its portfolio companies. The institution actively facilitates knowledge transfer between Nordic innovation ecosystems and global markets, creating pathways for scaling sustainable solutions across different geographic and economic contexts. Through these comprehensive efforts, Nefco advances the interests of its five Nordic owner countries while simultaneously contributing to global environmental objectives and sustainable development goals, particularly in emerging markets where green finance mechanisms remain underdeveloped.