The Nordic Development Fund (NDF)

The Nordic Development Fund (NDF) is the joint development finance institution of the five Nordic countries. The objective of NDF's operations is to facilitate climate change investments in low-income countries. NDF finances in cooperation with bilateral and multilateral development institutions. The operations mirror the Nordic countries’ priorities in the areas of climate change and development. NDF’s capital is provided from the development cooperation budgets of the five Nordic countries. The Nordic Development Fund finances the Nordic Climate Facility, which funds projects that have a potential to combat climate change and reduce poverty in low-income countries.

Support provider 
Denmark, Finland, Iceland, Norway and Sweden
Purpose of support 
Project and program implementation
Steps to access  

Projects are normally identified by governments in partner countries according to national priorities. NDF also has strong relationships with Multilateral and Bilateral Development banks, so projects are often identified through these partnerships.

Please visit this website for more information.

Climate objective 
Adaptation, Mitigation, Cross-cutting
Sectors and themes 
Ecosystem adaptation, Energy efficiency, Forestry and Land-Use, Renewable Energy, Transportation, Waste management, Disaster risk reduction, Health, Jobs and Livelihoods, Poverty
Type of support provider 
Type of recipient 
Public entity at the national level, Public entity at the sub-national level, Public entity at the regional level
Fund size 

EUR 1 billion

Co-financing required 
Trustee or administrator 
Governments of Denmark, Finland, Iceland, Norway and Sweden
Contact information
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