Sewage sludge has remarkable potential in many economic areas, but in most cases is still disposed of in landfills. HELCOM is developing a new Recommendation to promote maximum utilisation of sewage sludge.
“The world is benchmarking us. The Arctic ice is melting and new transport corridors are likely to emerge”, says Esko Lotvonen, Mayor of Rovaniemi, a growth centre for Arctic Finland.
Despite a difficult environment, the Baltic economies have made progress in the past years, whereas the Nordic countries present a diverse picture. Read more on the economic situation in NIB's member countries a column by Gunnar Tersman of Handelsbanken (Sweden).
The growing market for green bonds creates demand for independent reviews of the actual “greenness” of the projects they finance. "It is about building confidence and what investors want”, says CICERO's Senior Researcher Asbjørn Torvanger.
We believe focusing on sustainability issues creates value. Investing in green bonds is a way to express this within the fixed-income universe, says Ole-Petter Langeland of Swedish Second Pension Fund.
The Nordic and Baltic countries welcome the outcome of NIB's strategy review which shows that the fundamentals of the Bank are solid, says Antti Rinne, Chairman of the Bank’s Board of Governors (until 29 May 2015).
In his column, Finland's former Prime Minister, Paavo Lipponen, advocates for an EU Northern Policy: the European North has a great potential for growth the EU is seeking.
The prime ministers of Sweden, Norway and Finland set up an expert group to identify what would stimulate economic growth in the northern area of the three countries. Read more in a column by Anne Husebekk, Rector of Norway's Arctic University.
In recent years, the Nordic countries and Germany have emerged as role models in the economic debate. Much has been achieved, but resting on one’s laurels may result in falling behind, says Josef Ackermann, former CEO of Deutsche Bank in an interview with the NIB Newsletter.
In recent years, tourism has brought more foreign currency into Iceland than even the seafood industry. “The increase in tourism has been a major driver out of the collapse”, says Jón Ásbergsson, CEO of Promote Iceland, in an interview with the NIB Newsletter.
A new loan facility will finance small and medium-sized enterprises and environmental projects in Finland.
6 Mar 2018
The new facility enables parallel lending and will result in risk sharing by the two banks.
26 Feb 2018
A loan to the global chemicals company Kemira Oyj will finance the expansion of the company’s sodium chlorate production capacity in Joutseno, Finland, and R&D investments.
19 Feb 2018