North Dimension Environmental Partnership Fund (NDEP)
The Northern Dimension Environmental Partnership Fund (NDEP) combines financial contributions from various donors to leverage urgent environmental investments in the Northern Dimension Area. Operations are split into two windows of activities: nuclear safety and environmental investments. Nuclear safety projects are fully grant funded, focusing on spent nuclear fuel and radioactive waste deposited in the north-west of Russia. Environmental investments combine NDEP grants and international financial institution (IFI) loans to improve the ecological status of the Baltic and Barents Seas.
Project application first goes for approval by the Steering Group, and final approval by the Assembly of Contributors.
EUR 40 million
The Steering Group addresses the preparation of projects as many times as
necessary, once or twice a year, in preparation of the Assembly of