Exploring the Northern Dimension

International Financial Institutions (IFIs)

European Bank for Reconstruction and Development (EBRD) - The EBRD fosters transition to market economies in countries from Central and Eastern Europe to Central Asia and the Southern and Eastern Mediterranean. The EBRD is also the manager of the Northern Dimension Environmental Partnership Support Fund.

European Investment Bank (EIB) - is the European Union's bank. EIB is the only bank owned by and representing the interests of the European Union Member States. It works closely with other EU institutions to implement EU policy.

Nordic Environment Finance Corporation (NEFCO) - is an International Financial Institution established by the Nordic Governments in 1990. NEFCO provides results-based green financing. NEFCO was created – after the collapse of the Soviet Union – in order to support the Nordic countries’ efforts to increase environmental awareness in Eastern and Central Europe by providing financing to projects that reduced emissions harmful to the environment. 

Nordic Investment Bank (NIB) - NIB finances projects that improve competitiveness and the environment of the Nordic and Baltic countries. The Bank offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank has lending operations both in and outside its member countries.

 

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