Legal framework,
policies and guidelines
The Nordic Development Fund is an international financial institution (IFI *) governed by its constituent documents: the Agreement concerning NDF between Denmark, Finland, Iceland, Norway and Sweden; the NDF Statutes; as well as the Host Country Agreement concluded between NDF and the Government of Finland. Each Nordic country has endorsed the Agreement concerning NDF in accordance with its respective national procedures.
As an IFI, NDF has the status of an international legal person with full legal capacity to enter into agreements; to acquire and dispose of immovable and movable property; and to be a party to legal proceedings. Furthermore, the constituent documents define the privileges and immunities of NDF and its personnel and set out the structure for the governance of the Fund. As an international legal person, NDF is not entered into the trade register in any of the member countries.
In its governance principles, NDF promotes sustainability, equality, transparency, predictability, accountability and responsibility.
In addition to the constituent documents, NDF's activities are governed by a number of policies, guidelines and strategies adopted by the Board of Directors or the Managing Director.
*International Financial Institution is a financial institution that has been established by more than one country, and hence is a subject of public international law. Its owners or member are generally national governments.
Our publicly available policies and guidelines can be found in the file listing below.
Constituent documents
Governance
Code of Conduct for the Board of Directors and the Managing Director
Code of Conduct for the Control Committee
Rules of Procedures of the Board of Directors
Rules of Procedure for the Control Committee
Institutional Policies and Guidelines
Policy on Anticorruption and Integrity
Integrity Due Diligence Policy
Operational Policies and Guidelines
General Procurement Guidelines for Projects
NDF Environmental and Social Policy
NDF Environmental and Social Guidelines
NDF Results Management Framework (RMF) Policy
IFI Framework for a Harmonised Approach to Greenhouse Gas Accounting
Staff policies and regulations
In French/En français
Politique contre la corruption et pour l'integrite du FND