The National Bank of Ukraine has approved the acquisition of 13.94% of newly issued shares in Bank Lviv by the Nordic Environment Finance Corporation (Nefco). The aim of Nefco becoming a direct shareholder of the bank is to support the green transformation in Western Ukraine.
Both the financial and the environmental results of our business activities exceeded expectations in 2020. Profit was up from the previous year due to increased lending activities and an increase in equity valuations.
Nefco and the Norwegian aquaculture company Sterner have agreed on a loan under Nefco’s new Green Recovery programme. The aim is to support Sterner’s expansion to new markets and the global shift towards sustainable seafood production.
Ms Jelena Madir and Mr Rohil Hafeez have been appointed as external members of NEFCO’s Sanctions Panel.
The current challenges within the renewable energy sector in Ukraine was on the agenda when NEFCO met with Ukrainian media representatives today to discuss the financial institution’s activities in Ukraine and how it is supporting the green transition in the country. Since 2003, NEFCO, the exclusively green international financial institution, has been supporting a sustainable
To help Nordic green businesses go ahead with their plans to scale up on global markets despite the economic consequences of the pandemic, NEFCO is launching fast-track green recovery financing for Nordic small and medium-sized enterprises (SMEs).
The numbers of some populations of Arctic-breeding migratory birds have declined by 50-90 percent in the past 40 years. As the flyways of these migratory birds cross the globe, it is important to engage actors on a global level, not just around the Arctic.
NEFCO provides grant financing for project preparation, technical assistance as well as implementation to project measures that support the Baltic Sea Action Plan. Apply before 30 October 2020.
NEFCO is looking for an intern with aptitude for figures, attention to detail and service-mindedness to support NEFCO’s Project Administration with clerical duties. It is a temporary and part-time position. The Project Administration is responsible for administration of NEFCO’s loan and equity investments as well as the external funds under NEFCO’s management, the liquidity and
The year 2019 of the Nordic Project Fund (Nopef) was characterised by a good project activity, especially during the second half of the year, and by a growing application activity among Nordic companies with operations related to renewable energy and other climate solutions. Read further in the Annual Review.