Nefco's Biodiversity Pilor Programme was created in 2022 to test and developconcrete biodiversity solutions co-created with small and medium-sized companies (SMEs) in the private sector. The programme is funded by the Nordic Environmental Development Fund (NMF), which currently receives contributionsfrom. Nefco has managed the NMF fund on behalf of its member countries since 1996.

This report presents the key learnings and results of Nefco’s first Biodiversity Pilot Programme from 2022 to 2024.

About Nefco

Nefco, the Nordic Green Bank, is an international financial institution founded in 1990 by the five Nordic countries Denmark, Finland, Iceland, Norway and Sweden.

Our task is to accelerate the green transition. We serve the interests of our owners and finance the initial scale-up of Nordic green solutions on global markets.

We finance green investments, primarily with loans and equity-type financing from our own revolving capital. In addition, we manage trust funds and initiatives on behalf of various donors, including the Nordic governments, the Nordic Council of Ministers and the European Union, to support their sustainability-related goals.