NDF - Financing for climate change and development projects


NDF is a multilateral development finance institution established by the five Nordic countries Denmark, Finland, Iceland, Norway and Sweden in 1988.

The Fund’s Board of Directors makes all financing decisions, while the Control Committee oversees that the operations are conducted in accordance with the Statutes. NDF’s Managing Director is responsible for the conduct of the day-to-day operations.

In addition to the Managing Director, NDF’s Management consists of the Deputy Managing Director, Vice President for Operations and the Vice President for Support and Administration.

NDF’s headquarters are in Helsinki, Finland, in the same building complex as the Nordic Investment Bank (NIB) and the Nordic Environment Finance Corporation (NEFCO). NDF acquires services at self cost price from NIB regarding office premises, staff administration, ICT services and accounting.

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