NIB Nordic Investment Bank

Effects

NIB impacts its environment mainly through its financing and, thus, the impacts are largely indirect. Below are data on the positive ecological impacts of the Bank's financing.

In early 2013, NIB agreed to harmonise the method of reporting greenhouse gas emissions with a group of other international financial institutions. Reported CO2 emissions are therefore not comparable to what has been reported in previous annual reports.

CO2 impact of NIB's financing  

In 2012, approximately 80% of phosphorus reduction and about 90% of nitrogen reduction came from financing upgrades to wastewater treatment plants in Brest and Grodno, Belarus.

Substance Estimated
reductions 2010
Estimated
reductions 2011
Estimated reductions 2012
Phosphorous
  • No agreed projects
  • Two loan programmes with financial intermediaries
  • Absolute reducations not estimated
  • 130 tonnes annually¹
 

Nitrogen

  • No agreed projects
  • Two loan programmes with financial intermediaries
  • Absolute reducations not estimated
  • 590 tonnes annually²

¹ 130 tonnes of phosphorous is equivalent to the annual discharges from a wastewater treatment plant with approximately 7.4 million inhabitants connected.

² 590 tonnes of nitrogen is equivalent to the annual discharges from a wastewater treatment plant with about 1.9 million inhabitants connected.