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NCF project: Scaling the solar market garden, Benin. Photo: Naps Systems

About NCF


The Nordic Climate Facility (NCF) is a challenge fund set up in 2009 to finance early stage climate change projects in developing countries. NCF aims to build a portfolio of innovative business concepts which have been tested, proved viable and are ready to be scaled-up and replicated.

NCF is financed and managed by the Nordic Development Fund (NDF). The first four calls for proposals of NCF were administered by NEFCO.

What is NCF

NCF finances innovative climate change projects in developing countries.

Strong project ideas can receive a grant between EUR 250,000 and 500,000.

Financing is allocated on a competitive basis with thematic calls for proposals arranged annually.

Selected projects should contribute to the fulfilment of the UN Sustainable Development Goals (SDGs)

NCF can finance projects in the following 21 countries:

Africa: Benin, Burkina Faso, Ethiopia, Ghana, Kenya, Malawi, Mozambique, Rwanda, Senegal, Tanzania, Uganda and Zambia

Asia: Bangladesh, Cambodia, Laos, Nepal, Sri Lanka and Vietnam

Latin America: Bolivia, Honduras and Nicaragua

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What we offer

Risk-sharing for testing innovative climate solutions in a developing country

Project co-financing through grants between EUR 250,000 and 500,000

Annual calls for proposals with a streamlined, two-phased application process

What we finance

Projects that tackle climate change and promote sustainable development

Testing of the viability of business concepts (financial, technical, social and environmental

Partnerships between public and private organisations; at least one should be Nordic

Our objectives

1.

To increase low-income countries’ capacity to mitigate and adapt to climate change

2.

To encourage and promote innovations in areas susceptible to climate change

3.

To build partnerships between Nordic and partner country actors, both private and public organisations

4.

To contribute to sustainable development and the reduction of poverty

5.

To leverage additional financing for climate action

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