Nordic Development Fund (NDF) is a joint Nordic international finance institution (IFI), established in 1988 by the Nordic five countries - Denmark, Finland, Iceland, Norway, and Sweden. NDF’s work focuses on the nexus between climate change and development in lower-income countries and countries in fragile situations. NDF provides concessionary financing with an active portfolio of over 542 million EUR. Together with our strategic partners, we develop, launch and scale high-impact projects to support developing countries and people vulnerable to climate change.