The Nordic Council of Ministers has issued a 2017 edition of “Nordic Action on Climate Change”, to portray actions the Nordic countries are taking to speed the transition to sustainable low-carbon societies.
Energy efficiency is an often overlooked way of saving costs. NIB is looking into untapped potential for reducing energy intensity in the Nordic–Baltic industries. Read more in a column by Patrik Marckert, Senior Manager Origination.
Russia has reduced nutrient emissions to the Gulf of Finland through improved wastewater treatment. The sea responds with signs of recovery. Read a column by Michelle McCrackin and Bo Gustafsson.
The Nordic countries need to step up cooperation and build peer dialogue in political decision-making, says Jorma Ollila, the former Nokia CEO and the author of a recently published report, in an interview with the NIB Newsletter.
The costs of renewable energy in the world are lower than ever, and 2016 saw a record amount of new capacity installed. These are the findings of recent reports on global renewable energy progress.
In her column, Monika Stankiewicz, Executive Secretary of HELCOM, presents a new State of the Baltic Sea report, a holistic assessment of the marine ecosystem.
“The year 2016 showed that NIB is an efficient funding tool for the Nordic–Baltic region”, says Siv Jensen, Minister of Finance of Norway, who chaired the annual meeting of NIB’s Board of Governors in 2017.
For Niklas Zennström, a co-founder of Skype, the Baltic Sea is a new start-up and as with any other start-up, it requires bold, innovative solutions and complete immersion from the stakeholders.
Tougher environmental regulations and new technologies make Swedish municipalities keep investing in wastewater facilities. "A new investment wave will soon prompt a greater demand for innovation and financing", says Anders Finnson from Swedish Water and Wastewater Association.
The Nordics keep leading positions in mobilising climate finance, says Peer Stiansen of the Nordic group for climate negotiations. The group's report shows where the Nordics can make a difference in green financing.
Click to watch an animation of the "NIB story", a brief narrated presentation of the Bank's activities and how they contribute to fulfilling its mission.
20 Nov 2017
On 18 November, the Helsinki city transport operator HKL launched a 14-kilomtre extension of Helsinki metro line into the city of Espoo.
18 Nov 2017
A loan to the Norwegian regional utility Glitre Energi AS will finance the roll-out of an advanced smart metering system and regional and distribution power grid upgrades.
16 Nov 2017
Glitre Energi AS (Norway) (16 Nov 2017)
Deutsche Leasing Sverige AB (Sweden) (9 Nov 2017)