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Newsletter

December 2019

Nordic Development Fund

NDF marks 10 years of climate financing and 30 years in operation

On Monday 25 November 2019, NDF celebrated its 30-year journey so far, while keeping focus firmly on the future. Opening remarks from NDF Board Chair Lars Roth reminded the audience that the climate emergency is front and centre of world scrutiny and that NDF, despite its relative size, can continue to punch above its weight. More featured stories from the event on our web page.


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Greening the urban economy of Cochabamba in Bolivia

Over half of the world’s population lives in cities. Consequently, two-thirds of the world’s energy is consumed in cities, and cities are the source of over 70% of global greenhouse gas emissions. At the same time, around 70% of cities are already affected by the negative consequences of climate change. The NCF-financed project “Technology, adaptation and mitigation: Greening the economy of urban agriculture at Kanata Metropolitan Area” had the objective of strengthening the capacities for mitigation of greenhouse gas emissions, as well as increasing the resilience of the metropolitan area of Cochabamba in Bolivia.


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COP25: The impact of climate change on African Blue Economy and fisheries will be serious

A new study, co-financed by NDF, presented on 10 December 2019 at a World Bank event at COP25, shows that the impacts of climate change on African marine fisheries will dramatically reduce fish catch.


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Forty years of experience has proven its point: Sustainable financing actually works

The road towards a sustainable future is not a straight line, but a whole network of different paths that all lead to a common goal. Sustainable financing is one of these paths, and its impact is felt in many areas of our society. How can this be, you might wonder? Read more to understand why sustainable financing is crucial to our future.


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Engaging the private sector in the resilience of the West African coastal zone

The WACA Marketplace is an initiative under the WACA Platform led by the World Bank. The WACA Platform and the WACA Resilience Investment Project form the two key elements in the West Africa Coastal Areas Management Program (WACA) led by the World Bank and co-financed by NDF.


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Create businesses and reduce emissions brick-by-brick in Nepal

The global brick industry is responsible for 2.7% of carbon emissions worldwide, and the demand for bricks is growing rapidly. In Nepal, the NABIN – New and Affordable Building Materials promoting Sustainability in Nepal -project is working to make bricks that are eco-friendly, resilient and affordable for poor families. The interlocking brick business is not just creating jobs for hundreds of youth and women in Nepal, it is also helping to reduce carbon emission.


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Financing for climate projects in low-income countries

The Nordic Development Fund (NDF) finances climate change interventions in low-income and lower-middle-income countries. As the joint development finance institution of the Nordic countries — Denmark, Finland, Iceland, Norway and Sweden — NDF gives a strong voice to Nordic values and priorities in its cooperation with the other development institutions.


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