2. The only joint Nordic finance
institution focused exclusively on
climate change and development in
low and lower-middle income
countries; established in 1989
Owned by Denmark, Finland,
Iceland, Norway and Sweden;
Headquartered in Helsinki, Finland
Total assets of 872 million
Nordic Development Fund 2
NDF Today
Co-finances projects with multilateral development banks
(open tenders for consulting and other opportunities)
Manages its own Nordic Climate Facility (seed funding for
Nordic applicants)
3. Nordic Development Fund 3
Approx. Regional Distribution
Africa 50%
LAC 30%
Asia 20%
Portfolio
Parallel and joint co-finance with MDBs and bilateral
partners
85 active climate finance projects
€233.4 million in total commitments
4. Africa (14)
Benin
Burkina Faso
Cape Verde,
Ethiopia
Ghana
Kenya
Malawi
Mozambique
Rwanda
Senegal
Tanzania
Uganda
Zambia
Zimbabwe
Asia (10)
Bangladesh
Cambodia
Kyrgyz Republic
Lao PDR
Maldives
Mongolia
Nepal
Pakistan
Sri Lanka
Vietnam
Latin America (3)
Bolivia
Honduras
Nicaragua
Nordic Development Fund 4
Eligible Countries
5. Nordic Development Fund 5
Catalytic Role and Leverage targeting projects with
significant scale-up potential
Project Preparatory Funding targeting opportunities early
in the project cycle
Support for Innovation targeting new climate solutions,
new financing tools and new partners
Support for Private Sector Development harnessing
immense private sector potential for climate solutions
Piloting of high risk interventions with targeted grant and
blended finance
Emerging Climate Change Issues allowing for dynamic
and evolving climate threats and solutions
Typical Characteristics in NDF Projects
6. Key principles: (1) ensuring economy and efficiency; (2)
equal opportunity for all bidders and; (3) transparency.
Similar rules to other Multilateral Development Banks -
international competitive bidding open to all
nationalities.)
NDF promotes Nordic interest through its strategic focus,
in project selection and by disseminating business
opportunities to Nordic firms.
In the overall portfolio, 35% of all funding is contracted
to Nordic firms or organisations.
26% of contracts awarded through procurement process
are won by Nordic firms. In comparison Nordic firms won
only 1.25% of World Bank contracts from 2006−2012.
Nordic Development Fund 6
Opportunities for Businesses: Procurement in
NDF NDF
7. Support (grant) up to 500,000
euro to innovative projects that
have the potential to combat
climate change (mitigation
and/or adaptation) and
alleviate poverty in low-income
countries.
6 Calls for Proposals targeting
Nordic applicants, with a
requirement of partner
institution in an NDF partner
country, launched since 2009.
Nordic Climate Facility (NCF) (Financed by
NDF)
Nordic Development Fund 7
8. Nordic Development Fund 8
Nordic Climate Facility; Call for Proposals
Year Theme
2016 Green growth for sustainable livelihoods
2015 Climate resilience in urban and private sector
contexts
2014 Green growth projects contributing to
private sector development
2011/12 Low-cost climate solutions with a focus on
local business development
2010/11 Renewable energy & urban adaptation
2009/10 Energy efficiency & water resources
9. Nordic Development Fund 9
Nordic Climate Facility
NCF's 6th call for project proposals, launched in December 2015,
focuses on Green growth for sustainable livelihoods.
Financing can be provided to partnerships involving Nordic-
based organisations and their partners in 21* selected low-
income countries. Project partners must also contribute
significant co-financing.
Favourable goals for co-
financed projects
Climate-related business
opportunities
Sustainable jobs
Measurable poverty
reducing impacts
Women's empowerment
Replicable low-cost
solutions
Additional leveraged
financing
10. Latest call in January 2016; next one planned for
Dec. 2016-Jan. 2017
So far as of May 2016; contributed co-financing
amounting to EUR 24 million to 59 climate-related
projects in 21 countries
Nordic Climate Facility
Nordic Development Fund 10
11. Niras AS & Associação Moçambicana de Reciclagem
(AMOR) and Municipality of Beira
Test and demonstrate viability of a waste transfer and
recycling center
Preparation of scaling-up in other cities in Mozambique,
Contribute to creating enabling environment for private
sector involvement in waste sector activities
Nordic Development Fund 11
Waste Transfer and Recycling Centers,
Mozambique
12. Norges Vel - Royal Norwegian Society
for Development (& Confederation of
Norwegian Enterprises et. al.) &
Makerere University
Supporting development of
existing and new local renewable
energy companies
Has led to establishment of a
number of new companies in the
area of renewable energy &
commercialization of projects
originated/piloted in the incubator
Nordic Development Fund 12
Renewable Energy Business Incubator, Uganda
13. Gaia Consulting Oy & Appropriate
Rural Technology Institute
To introduce a sustainable
business model for community-
based non-wood charcoal
briquette producing enterprises
Charcoal Briquettes Tanzania
Ltd. established; after a
succesfull entry to institutional
markets in Tanzania, launching
of retail sales in Dar-es-Salaam
in 2015
Nordic Development Fund 13
Sustainable Charcoal Business Development,
Tanzania
14. Nordic Development Fund 14
International
Recognitions
United Nations Framework Convention on Climate Change
(UNFCCC; "Climate Change Summits")
Lighthouse Momentum for Change Awards 2015
Grundfos LifeLink - solar driven water pumps (Kenya)
SolVatten - dual water purification and solar water
heating systems (Kenya)
Solar Water Gardens - solar-powered pumps and drip
irrigation systems (Benin)
Exact numbers for the figure is Africa 47%; LAC 31%; Asia 22%
Bangladesh, Benin, Bolivia, Burkina Faso, Cambodia, Ethiopia, Ghana, Honduras, Kenya, Laos, Malawi, Mozambique, Nepal, Nicaragua, Rwanda, Senegal, Sri Lanka, Tanzania, Uganda, Vietnam & Zambia
Solar panels from a project in LAC
Setting up the kiln. Photo: Paula Tommila
Pictures:
The SolVatten - is a dual water treatment and solar water heating system (NCF) (up left)
LifeLink - solar driven water pumps (NCF) (largest picture)
The Benin Solar Water Gardens - combines solar-powered pumps with drip irrigation systems (NCF) (bottom)