The Nordic Development Fund (NDF) is the joint Nordic international finance institution focusing on the nexus between climate change and development in lower-income countries and countries in fragile situations. Since the introduction of the climate mandate in 2009, NDF has built a track record of adding value by financing climate mitigation and adaptation projects in close interaction with its extensive network of strategic partners. NDF provides financing on concessionary terms in the form of grants, loans and equity. NDF engages in both the public and the private sector, and uses financial instruments flexibly, alone or in various combinations, to match the needs of the project.
In its first two years of operation, the WACA Program has made significant progress in leveraging public finance via traditional development projects, engaging the private sector, and developing new financing instruments
Karin Isaksson, NDF Managing Director will speak about building-back-better and greener in her opening speech at the fifth edition of ACRIS that takes place virtually on 16 – 17 June 2021, under the theme "Embedding and financing climate resilience towards Africa's green recovery."
A Nordic Climate Facility project supports sustainable agricultural development in Bolivia by using products based on beneficial micro-organisms
The programme will combat COVID-19 and strengthen the recovery through investments in water supply, sanitation, and water resources management activities in the Sahel and the Horn of Africa. The programme delivery will use a build-back-better and green, climate-resilient approach to target particularly poor, vulnerable and unserved urban communities displaced from the countryside by insecurity, famine and climate/environmental disasters.
The Community Resilience Partnership Program (CRPP) will be the Asian Development Bank's (ADB) first multi-donor trust fund uniquely positioned to tackle the nexus between poverty, gender, and climate change. The CRPP will serve as an important knowledge, preparatory and financial tool for launching and developing new pro-poor climate resilience initiatives in low-income and fragile countries in Asia and the Pacific. The CRPP is also part of the post-COVID-19 recovery.
The Sustainable Energy Fund for Africa (SEFA) is a special fund designed to catalyse private sector investments in early stage renewable energy and energy efficiency markets to stimulate a transformative transition to more inclusive and green growth in Africa. SEFA is a delivery vehicle for African Development Bank’s (AfDB) New Deal on Energy for Africa (NDEA).
Photo credit: Rare
