Funder · Multinational

NEFCO — Nordic Environment Finance Corporation

Funds Nordic environmental upgrades through shared green financing and cooperative climate-oriented investment in the member states.

Finland

Key stats

Annual funding-

Programs4

Active grants2

Total grants2

About

NEFCO, the Nordic Environment Finance Corporation, is the Nordic Green Bank and a supranational finance institution owned by Denmark, Finland, Iceland, Norway, and Sweden. Founded in 1990 and headquartered in Helsinki, it finances environmental and climate projects across the Nordic region, Eastern Europe, and Sub-Saharan Africa. In 2025 it had 324 active investments and disbursed EUR 77.9 million…

Programs & grants under this funder

BGFA — Beyond the Grid Fund for Africa

Funds private energy firms in Africa through outcomes-based support linked to off-grid connections.

Baltic Sea Action Plan Fund

Funds ecological restoration and water-quality projects in the Baltic Sea area through targeted sponsorship grants.

1 grant

Baltic Sea Action Plan Fund — Grant

Open

- pool

MCFA — Modern Cooking Facility for Africa

Funds clean-cooking companies in Africa through results-based support tied to household adoption.

Nopef — Nordic Project Fund

Supports Nordic firms with pre-investment feasibility financing for international expansion outside Europe.

1 grant

Nopef — Feasibility Support

Open

- pool·Rolling submission

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