NDF - Financing for climate change and development projects

Brief introduction to NDF

Photo: Jacob Dall

NDF is the joint Nordic international finance institution (IFI) established by Denmark, Finland, Iceland, Norway and Sweden in late 1988. NDF focuses on the nexus between climate change and development in lower-income countries and countries in fragile situations. NDF’s headquarters is in Helsinki, Finland.

According to the prevailing Strategy, the purpose of NDF is to advance Nordic leadership in addressing climate change and development challenges through financing, knowledge and partnerships. Together with our strategic partners, we develop, launch and scale high-impact projects to support developing countries and the most vulnerable people affected by climate change.

NDF provides financing on concessionary terms and the primary focus is on climate change mitigation and adaptation activities. In addition to its primary focus on climate change and thus the Sustainable Development Goal (SDG) 13 calling for urgent actions to combat climate change and its impact.  NDF works in a holistic way towards the development challenges spelled out in the other sixteen SDGs, recognising the interlinkages to and actively seeking co-benefits with other SDGs, not least with regard to environmental objectives.