Nordic Environment Finance Corporation (Nefco)

Funding background

Nefco is owned by the five Nordic countries: Denmark, Finland, Iceland, Norway and Sweden. In 1990, when Nefco was established, all five owners paid in capital to the Investment Fund, Nefco’s own equity.

Eligibility

Investment criteria:
Environmentally sustainable solutions
Evaluation against the environmental drivers (EU Taxonomy) and Nefco’s own environmental and sustainability criteria
Technical and financial viability
Technology scale-up potential
Mitigation of potential environmental and social risks

More information on eligibility can be found here: https://www.nefco.int/financing/investment-criteria-and-cycle/

Financing

Financing includes loans, equity and blended finance.

More information on financing options can be found here: https://www.nefco.int/financing/financing-options/

Applying

Interested Nordic SMEs should contact Nefco’s investment experts and present their investment proposals.

More information can be found here: https://www.nefco.int/financing/investment-criteria-and-cycle/