Nordic Development Fund (NDF)
Amid increasing demand for energy in the region, energy efficiency improvements have huge potential if investments increase. Yet even for large companies, the high costs of project identification, high risk premiums and often inadequate financing options are well known barriers.
The IDB partnered with the Nordic Development Fund (NDF) to help businesses overcome these barriers and invest in energy efficiency and self-supply renewable energy projects that will reduce energy costs and greenhouse gas emissions.
The IDB and NDF partnership provides three options:
- Energy Efficiency Finance Facility
- NDF Energy Efficiency Guarantee Fund
- Technical Assistance for Energy Audits