NDF - Financing for climate change and development projects

WMO Secretary-General visits NDF

Photo: NDF
From left: Hannu Eerola, Mary Power, Harri Laurikka, Petteri Taalas, Linda Lundqvist, Pasi Hellman, Leena Klossner
Photo: NDF
From right: Harri Laurikka, Petteri Taalas, Pasi Hellman
Photo: NDF
Photo: NDF
4.03.2016

International action on climate change, after the Paris climate agreement in December 2015, was under focus when NDF hosted a high level visit from the Geneva-based World Meteorological Organization (WMO).

Petteri Taalas, WMO’s recently appointed Secretary-General, and Mary Power, WMO Director for Resource Mobilization and Development Partnerships, held discussions with NDF management, led by Pasi Hellman, Managing Director, at NDF offices in Helsinki on 3 March.

The two institutions noted their common interests in the area of climate change, particularly their respective activities in the area of supporting and strengthening hydrological and meteorological services in low-income countries, especially in sub-Saharan Africa. The main topic during the meeting was the scope for expanding operational level cooperation between the two organisations. Among the possibilities discussed was the need to produce and incorporate better climate data into investment project planning. Another important- and emerging- issue was the connection between climate change and its implications on human health. NDF and WMO agreed to continue and enhance their collaboration on mutually interesting climate change activities and themes.
 

During the day, Professor Taalas made a presentation on “Climate Change and Climate Finance” to about 30 participants from the three Nordic financial institutions NDF, NIB and NEFCO. In the same event, Finland’s chief negotiator for climate change, Harri Laurikka, provided an overview of the post-Paris situation under the theme “Putting Paris Agreement into Action.” Both Taalas and Laurikka saw good possibilities for Nordic institutions to contribute to action on climate change, particularly in the areas of engaging private sector, as well as placing sufficient attention to both climate change mitigation and adaptation.