NIB Nordic Investment Bank

Effects

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 in NIB financing

Millions of tonnes of CO2 per year
2014 2015 2016
decrease -0.26 -0.05 -0.28
increase 0.065 0.059 0.059

 

Effects in wastewater treatment

Substance Estimated
reductions 2015
Estimated reductions 2014 Estimated reductions 2013

 

Phosphorous

 

0.4 tonnes annually

2 tonnes annually

10 tonnes annually

 

Nitrogen

 

380 tonnes annually

50 tonnes annually

80 tonnes annually

  • AR2016

News

NIB loan to NEFCO to boost energy efficiency in Ukrainian universities

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

Nordic-financed wastewater treatment plant opens in Petrozavodsk, Russia

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

NIB lends for municipal investments in Tartu, Estonia

A loan to the City of Tartu will finance municipal investments in road infrastructure and education institutions.

30 Nov 2017


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