"By 2030, we will need 50% more food, 45% more energy and 30% more water. An advanced bioeconomy will ensure sustainable economic growth in the decades to come", writes Hörður G. Kristinsson, chairman of the Nordic Bioeconomy Panel, in his column.
A tunnel across the Gulf of Finland? It may sound futuristic. Yet, the steadily increasing traffic between Helsinki and Tallinn can help shake off a great deal of scepticism.
Nordic energy markets accommodate for huge volumes of renewables and could be replicated elsewhere, says Svend Søyland, Senior Adviser at Nordic Energy Research.
“As long as the financing sector is not capable of transforming the climate risk into a financial risk, things will not happen”, says Mikko Halonen from Gaia Consulting at the COP22 in Marrakech, Morocco.
"The sustainability perspective for the long-term projects is a dimension in NIB's operations, which we regard as a seal of quality", said Minister of Finance Reizniece-Ozola at NIB's anniversary event.
"Today it is the most tangible institution of the Nordic–Baltic co-operation", said Prime Minister Sipilä at NIB's 40th anniversary seminar "Financing the Future" held in Copenhagen on 2 November. Here is the full text of his speech.
The Nordic region has a good story to tell about its sustainable development. In his column for NIB Newsletter, Sven Hegelund is presenting a report recently published by the Nordic Council of Ministers, Green Financing—the Nordic Way.
The marine environment of the Gulf of Finland is improving, particularly in its eastern part. Read more about research done by an international team of scientists in an interview with Mika Raateoja of the Finnish Environmental Institute.
“There will be demand for NIB’s financing in the future in the region and more widely”, says Sven Sester, Estonia's Minister of Finance, who chaired the NIB Governors meeting in 2016.
Kaspars Āboliņš (Latvia), appointed the Chairman of NIB's Board of Directors for the next two years, says that NIB's revised strategy will help fill market gaps in dealing with smaller businesses.
In 2016, NIB increased its new lending to EUR 4.4 billion. While corporate investment remained subdued, the demand for long-term loans saw strong growth, particularly in the public sector.
15 Mar 2017
A 25-year loan is earmarked for refurbishing and expanding the capacity of the Nenäinniemi wastewater treatment plant in central Finland.
27 Mar 2017
A loan to the Finnish dairy company Valio Ltd. will finance the company’s research programme in 2016–2020.
28 Feb 2017