The Nordic Development Fund (NDF)
The Nordic Development Fund (NDF) is the joint development finance institution of the five Nordic countries. The objective of NDF's operations is to facilitate climate change investments in low-income and lower-middle-income countries for mitigation and adaptation activities. NDF finances in cooperation with bilateral and multilateral development institutions through co-financing. The operations mirror the Nordic countries’ priorities in the areas of climate change and development.
The Fund finances the Nordic Climate Facility and Energy and Environment Partnership Trust Fund (EEP Africa), which funds projects that have a potential to combat climate change and reduce poverty in low-income and lower-middle-income countries. NDF financing is provided mainly for technical assistance and for investments.
EUR 410 million