The Nordic countries have played a pioneering role in supporting ambitious climate actions, sustainable development and promoting a carbon market.

Since 2003, Nefco - the Nordic Environmaent Finance Corporation has established and managed several groundbreaking carbon funds providing a testing ground for innovative, market-based approach, generating over 34 million carbon credits. The implemented projects made a significant contribution to broader green growth benefits and sustainable development in several developing countries. Read the summary report to know more about the achieved results.