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Nordic Environment Finance Corporation
NEFCO is an international financial institution established by the five Nordic countries. NEFCO finances investments and projects primarily in Russia, Ukraine, Estonia, Latvia, Lithuania and Belarus, in order to generate positive environmental effects of interest to the Nordic region.
topic issue
Vodokanal's Site Manager Olga Lominoga in Kronstadt. Photo: Patrik Rastenberger
Embraced by the Gulf of Finland, Kronstadt bathes in sunlight. Several kilometres away, its cathedral is dimly silhouetted against the horizon.
The project at Kronstadt will include modernization of aeration tanks. Photo: Patrik Rastenberger
Showing off at the beach in Kronstadt. Photo: Patrik Rastenberger
Every day Kronstadt treats wastewater from 43,000 people. Photo: Patrik Rastenberger
Director Dmitry A. Karlik wants St. Petersburg removed from HELCOM's list of environmental hot spots. Photo: Patrik Rastenberger
Into the future at full swing in Kronstadt. Photo: Patrik Rastenberger
news
MP Christina Gestrin, Photo: Nordic Council of Ministers
[30.8.2010]The Chair of the Baltic Sea Parliamentary Conference, MP Christina Gestrin from Finland, urges all countries bordering the Baltic Sea to have their national action plans for the marine environment ready by the beginning of 2011.
The demand was put forward at the Baltic Sea Parliamentary Conference in Mariehamn, Åland on Monday.
Combating climate change. NeCF has placed EUR 100 million in renewable energy. Photo: Patrik Rastenberger
[17.8.2010]NEFCO has launched a EUR 30 million capital raising exercise for its carbon procurement vehicle, the NEFCO Carbon Fund (NeCF). The Tranche II subscription will be aimed principally at post 2012 purchases.
The NeCF was launched in April 2008, to procure high quality compliance units for obligated entities under the Kyoto Protocol and the EU Emissions Trading Scheme.
Events
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[7.9.2010]
NEFCO and the Nordic Investment Bank (NIB) are together arranging the seminar "From Source to Sea: Financing Concrete Actions to Save the Baltic Sea." The seminar will focus on the importance of identifying and developing financeable projects in order to improve the ecological health of the Baltic Sea.
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[22.9.2010]
NEFCO's Board of Directors will convene in Kyiv, Ukraine 22 September. The meeting will include visits to NEFCO-financed projects in the region.
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[23.9.2010]
The Russian Geographical Society is arranging a seminar named "The Arctic - Territory of Dialogue". The seminar takes place in Moscow 22-23 September.
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[24.9.2010]
Communications Manager Mikael Sjövall from NEFCO will present the corporation's financing operations in Latvia and the Baltic Sea Action Plan Fund at a seminar arranged by the Latvian Environmental Investment Fund 24 September in Riga.
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[28.9.2010]
A conference on the current economic outlook of Ukraine and investment opportunities in the country will take place in Kyiv 28 September. The conference is organized by the Financial Times and the Ukrainian Foundation for Effective Governance.
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[30.9.2010]
This fourth consecutive Climate Solutions conference brings together stakeholders on clean energy, green business and sustainable city development in Northern Europe to meet with experts, buyers and innovators from key markets around the world. World Climate Solutions 2010 will put special focus on solutions for cleaner and more livable urban areas.
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[8.10.2010]
The Barents Euro-Arctic Council's working group on environment will convene i Petrozavodsk, Russia 6-8 October.
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[29.10.2010]
A conference on Russia's energy sector will take place in Helsinki 27-29 October 2010. The topic is Russia's impact on the economic structure and political dimension of the Eurasian energy sector. The conference entitled “Fuelling the Future - Assessing Russia’s Role in Eurasia’s Energy Complex” is arranged by the Aleksanter Institute at the University of Helsinki.
