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Business

Finland’s unique zero-cost ODA scheme turns toward private asset managers

A new strategy for Finland’s loan and investment facility opens for engagement with private investment funds. The current portfolio, invested via multilateral banks and development finance institutions (DFIs), amounts to roughly EUR 1 billion. The unique scheme provides returns to state coffers covering the cost of the financing and it is meant to be “deficit neutral” in the national accounts.

Business June 03, 2025

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Aid-financed climate investment fund massively outperforms Norway’s oil fund on renewable energy

The Norwegian aid-funded Climate Investment Fund reports solid returns on its renewable energy investments...

Business April 11, 2025

IFU facility has signed its first two guarantees

A new guarantee scheme managed by the Danish development finance institution IFU is now fully operational....

Business December 20, 2024

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IFU ticks up annual net return expectations to 12-15% for second SDG fund

The Danish impact investor IFU and four Danish pension funds agreed this week to establish the Danish...

Business November 22, 2024

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How Norway’s oil fund could co-invest with World Bank in renewables

A Dutch investment fund praised by US Treasury Secretary Janet L. Yellen for facilitating co-investments...

Business November 14, 2024

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Former oil fund chief challenges restrictions on renewable energy investments

The Norwegian oil fund is now so big that it should invest more in emerging economies, says the fund...

Business September 27, 2024

Støre Zelensky -Torbjørn Kjosvold - SMK photo - Nato 75 år - Toppmøte i Washington July 2024 cropped.jpg

Norfund gets green light to invest in Ukraine

The government has finally opened for Norfund, Norway’s development finance institution (DFI), to invest...

Business September 27, 2024

NDF scales up project funding

The Nordic Development Fund (NDF) is on track to sharp growth, adding new projects to its portfolio this...

Business August 30, 2024

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New NDF boss: Momentum for more joint Nordic climate efforts

The veteran Finnish diplomat Satu Santala has taken over the helm of the Nordic Development Fund (NDF),...

Business August 30, 2024

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Equinor and Statkraft gear up renewable investments based on their own resources

Development Today’s investigation into Norwegian financing of renewable energy in the Global South shows...

Business August 22, 2024

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