NIB contributes to sustainability through its approach to financing projects. NIB affects its environment mainly via projects it finances and thus the effects are largely indirect. Since one of NIB's two eligibility criteria for lending is to enhance the environment, environmental aspects are well integrated into the Bank's operations. NIB not only finances projects that improve the environment, but also analyses the environmental impacts of each project considered for financing. For NIB, the term "environment" includes both ecological and social aspects.
NIB's loan will be used for the renovation of university buildings in Ukraine for better energy efficiency and to reduce greenhouse gas emissions.
21 Dec 2017
On 19 December, the city of Petrozavodsk and its water utility PKS inaugurated an upgraded wastewater treatment plant on the shore of Lake Onega.
19 Dec 2017
A loan to the City of Tartu will finance municipal investments in road infrastructure and education institutions.
30 Nov 2017