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Nordic Climate Facility (NCF)


Period
2009 - ongoing

Implementing agencies
Nordic Development Fund

African partners
Other public body, Private sector, Civil society

Names of African partners involved

Donor involvement (incl. IOs)
Multi-donor, Bilaterals involved

Names of donors involved (incl. IOs
African Development Bank Group (AfDB), Asian Development Bank (ADB), Inter-American Development Bank (IDB), Inter-American Investment Corporation (IIC), Multilateral Investment Fund (MIF/FOMIN), World Bank Group, Governments of Denmark, Finland, Iceland, Norway, Sweden, Nordic Environment Finance Corporation (NEFCO), Nordic Investment Bank (NIB)

Geographical scope
Regional

Countries where active

Sectors
Renewables, Electricity, Energy Efficiency, Cooking Energy

Sub Sectors (Electricity)
Grid connected generation, Mini-grids, Stand-alone off-grid

Type of intervention
Operative program / delivery mechanism (downstream)

Type of technical assistance
Project preparation / implementation

Gender focus
Yes

Climate focus
Yes

Type of financing
Grant, Early stage

Main objectives
The objective of NDF's operations is to facilitate climate change investments primarily in low-income countries. NCF has five objectives: (i) increase low-income countries’ capacity to mitigate and adapt to climate change; (ii) encourage and promote innovations in areas susceptible to climate change; (iii) build partnerships between Nordic and partner country actors, both private and public organisations; (iv) contribute to sustainable development and the reduction of poverty; and (v) leverage additional financing for climate action.

Main activities
The Nordic Climate Facility provides a challenge fund that finances innovative climate change projects. NCF financing is allocated on a competitive basis with calls for proposals arranged annually. NCF provides grants for facilitating the testing of innovative climate change concepts and thereby reducing financial barriers and risks for their implementation.

Comments

Sources
http://www.ndf.fi/project/nordic-climate-facility-ncf

Contact information
info.ndf@ndf.fi

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