NIB provides financing for projects that enhance the competitiveness and environmental sustainability of businesses in the Nordic and Baltic regions. By supporting initiatives that focus on resource efficiency and green technology, NIB helps address the challenges of economic growth and environmental impact in these areas.
Funding
$795.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses in the Nordic and Baltic regions face challenges in accessing financing for projects that enhance their competitiveness while also promoting environmental sustainability. This can hinder their ability to invest in resource efficiency, green technologies, and other initiatives that support both economic growth and environmental protection.
Solution
The Nordic Investment Bank (NIB) addresses this by providing long-term financing solutions to projects that generate lasting environmental benefits and foster productivity growth in the Nordic and Baltic regions. NIB offers loans to corporations, governments, and financial institutions, as well as investments in bonds, to support sustainable development. By offering sector expertise and rigorous project assessments, NIB ensures that financed projects align with its mandate of improving both economic performance and environmental outcomes.
Target Audience
NIB's primary clients include corporations, national, regional, and local governments, and financial institutions operating in the Nordic and Baltic countries, as well as non-member country borrowers with projects of mutual interest.
Features
- Long-term project financing with tenors typically ranging from 5 to 30 years
- Sustainability-linked loans that incentivize borrowers to meet specific environmental targets
- Investments in labelled bonds (green, social, and sustainability bonds) to support capital market development
- Loan programs for on-lending through financial intermediaries, targeting SMEs and small mid-caps
- Project and structured finance solutions for complex projects, including PPPs
- Project assessment framework that evaluates productivity gains and environmental benefits
- Financing for projects both within and outside the Nordic-Baltic region, provided there is a member country interest