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.
DCT Gdansk is carrying out one of Europe’s largest maritime infrastructure projects. The expansion started off with a grant from the Northern Dimension Partnership on Transport and Logistics.
In 2017, NIB is participating as observer to an expert group set up to provide recommendations for the European Commission on sustainable finance.
19 Jan 2017
In accordance with its Sustainability Policy and Guidelines, NIB publishes information on a waste-to-energy project in Kaunas, Lithuania. The information is available for 30 days starting from 16 January 2017.
16 Jan 2017
The facility will finance SME and small mid-cap investments in a broad range of sectors in southern Sweden.
23 Dec 2016
Sparbanken Skåne (Sweden) (23 Dec 2016)
Nord-Trøndelag Elektrisitetsverk Holding AS (Norway) (22 Dec 2016)
City of Luleå (Sweden) (21 Dec 2016)