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.
Freight transport is of particular concern for the Nordic countries when it comes to the carbon reduction targets. The countries are to align rules to speed up “greening” the road freight.
"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.
The funds under a new loan programme will be onlent for SME investments as well as for environmental projects in eastern Norway.
17 Oct 2017
On 10 October, the city of Saint Petersburg, Russia, opened its upgraded Northern Wastewater Treatment Plant as part of a large investment programme aimed at improving the environmental status of the Baltic Sea.
10 Oct 2017
In the first eight months of the year, NIB experienced good demand for long-term financing from the municipal sector in the Bank’s member countries. NIB publishes the Interim Management Statement for Jan-Aug 2017.
10 Oct 2017