NDF - Financing for climate change and development projects

Nordic Climate Facility (NCF)

Do you have a great green business idea?

The Nordic Climate Facility (NCF) is a challenge fund that finances innovative climate change projects. NCF financing is allocated on a competitive basis with calls for proposals arranged annually. Since 2009, six calls for proposals have been organised with 68 projects implemented across three continents.

Upcoming call for proposals - NCF8

Nordic Climate Facility’s eight call for proposals will open for applications in August 2018. The theme of this year’s call is:

Testing the business viability of climate solutions.

Application guidelines for the eight call for proposals will be available on our website in June.

Upcoming events

We will present NCF and its upcoming call for proposals in several events  in the Nordic countries during this spring. Follow the links below for more information about each event.

 

Sign up for the NCF e-mail distribution list by contacting nordicclimatefacility@ndf.fi and we will keep you informed of all NCF-related updates.

More information about NCF7

NCF aims to:
(i) increase low-income countries’ capacity to mitigate and adapt to climate change;
(ii) encourage and promote innovations in areas susceptible to climate change;
(iii) build partnerships between Nordic and partner country actors, both private and public organisations;
(iv) contribute to sustainable development and the reduction of poverty; and
(v) leverage additional financing for climate action.

NCF provides grants for facilitating the testing of innovative climate change concepts and thereby reducing financial barriers and risks for their implementation. NCF can provide financing between EUR 250,000 and 500,000. NCF is financed and administered by the Nordic Development Fund. Calls 1–4 have been administered by the Nordic Environment Finance Corporation (NEFCO).

See all NCF projects

Who can apply for NCF funding?

All projects should be implemented through partnerships between Nordic and local organisations in an eligible NCF country. In addition, the project partnership may entail other partners. All project partners should have a meaningful role in the implementation of the project.

Nordic partner(s)

The Nordic partner is a Nordic company, institution, organisation or other legal entity holding a registered place of operation in Denmark, Finland, Iceland, Norway or Sweden. Several Nordic partners can partner up to implement and finance the project; however, there should be one lead Nordic partner. The lead Nordic partner is considered the main applicant responsible for the NCF application.

Local partner(s)

All projects should have one - or more - local partner(s). A local partner is a local company, organisation or other legal entity registered in the country of implementation. The local partner cannot be a subsidiary or otherwise affiliated (e.g. sister or parent organisation) to the Nordic partner(s).

Other partner(s)

The lead Nordic partner may also have one or more other partners (non-local) which are legal entities. There are no country restrictions on the other partner(s).

All projects should be implemented in one of the 21 eligible NCF countries. These countries are:

Africa: Benin, Burkina Faso, Ethiopia, Ghana, Kenya, Malawi, Mozambique, Rwanda, Senegal, Tanzania, Uganda and Zambia
Asia: Bangladesh, Cambodia, Laos, Nepal, Sri Lanka and Vietnam
Latin America: Bolivia, Honduras and Nicaragua

What type of financing does NCF provide?

NCF can provide grant financing between EUR 250,000 and 500,000. The NCF grant cannot cover the full project costs, and therefore co-financing is required from the project partners. 

The project partners must mobilise co-financing equal to least 25% of the requested NCF grant. There is no upper limit for co-financing and a higher share than 25% of co-financing from the project partners is encouraged as it demonstrates commitment, ownership and risk-sharing.

Past calls for proposals

Since its inception in 2009, NCF has launched six calls under the themes of:

  • NCF 1: Water resources and energy efficiency
  • NCF 2: Renewable energy and urban adaptation
  • NCF 3: Innovative low-cost climate solutions with a focus on local business development
  • NCF 4: Inclusive green growth projects contributing to private sector development
  • NCF 5: Climate resilience in urban and private sector contexts
  • NCF 6: Green growth for sustainable livelihoods
  • NCF 7: Climate as Business - Testing innovative green business concepts

Reviews and reports

NCF Annual Review 2016 (call 14)
NCF Annual Report 2016 (call 5–9)
NCF Annual Review 2015
NCF Annual Review 2014
NCF Annual Review 2013
NCF Annual Review 2012

More information

Read about earlier NCF activities in our section with publications
Read about the individual NCF projects
See brochure for NCF’s 7th call for proposals