NEFCO, as fund manager for the Arctic Council Project Support Instrument (PSI), and the Conservation of Arctic Flora and Fauna (CAFF), the biodiversity working group of the Arctic Council, have signed a grant agreement to improve the status of declining Arctic breeding migratory bird populations.
NEFCO has signed grant agreements with the cities of Druzhkivka, Pershotravensk and Svatove for energy-efficiency measures in public buildings. The projects will be financed by the Nordic Energy Efficiency and Humanitarian Support Initiative for Ukraine (NIU).
The Ministry of Natural Resources and Environment of the Russian Federation and NEFCO have signed a Memorandum of Understanding to improve the ecological situation at the Krasnyi Bor landfill area in the region of St Petersburg.
NEFCO has signed a Subscription Agreement with AS BaltCap for an equity investment in a new infrastructure fund for the Baltic states. NEFCO will invest EUR 3 million in the fund.
Nopef has approved financing for 43 new projects in 2017 for a total value of approx. EUR 1.3 million. The funded companies are expected to raise total investments of EUR 86 million once they establish a local presence in the project countries.
NEFCO and the Republic of Moldova have today signed a framework agreement that acknowledges NEFCO’s status as an international financial institution in Moldova.