🔑🌍 Unlocking private capital for climate adaptation requires collaboration, innovation and targeted risk-taking. Through 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝟮𝟬𝟯𝟬, Nordic partnerships are helping to make this possible. 💬 "Nordic Development Fund (NDF) shows every day how Nordic partnership makes a difference in developing countries. In a shifting world of increasing investment risks - innovative and targeted risk-tolerance can show the way to kick-start private green investments in emerging markets and developing economies,” says Jesper Hilsted Andersen, Chief Counsellor for Development Finance at the Danish Ministry of Foreign Affairs. “As such, NDF is a key partner in the Nordic blended finance alliance Investment Mobilisation Collaboration Alliance (IMCA), now in the Adaptation Finance Window for Africa process to mobilise private capital for investments in adaptation in Africa," he adds. 🌱 ➡️ Read more about #Strategy2030: https://shorturl.at/K5KvC #ClimateAdaptation #NordicCollaboration #Partnerships #EMDE #ClimateFinance

Last week, the Ministry for Foreign Affairs of Finland and the Finnish Ministry of Finance held a meeting for multilateral development banks in Helsinki, bringing together global stakeholders. The discussions focused on the current state of the world and developments on major issues, such as climate. 🌍🌱 Our Managing Director Satu Santala presented NDF’s activities and examples on effective instruments for private sector involvement and partnerships to mobilise private capital. We also had the pleasure of welcoming Maja Sverdrup and Vidar Ovesen from Asian Development Bank (ADB) to our offices in Helsinki. Warm thank you for visiting us and we look forward to further collaboration and meaningful conversations! 💡 #Collaboration #MDBmeetings #ClimateFinance #DevelopmentFinance

🤝 🌐 Partnerships are central to NDF’s work and will remain a priority throughout the next five years. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝟮𝟬𝟯𝟬 emphasises collaborative partnerships and bold approaches to ensure climate finance reaches those who need it most. 💬 “NDF is rare in its insistence that climate finance reach the people who need it most and in its willingness to take real risk to solve our biggest problems, like first-time energy access for the millions living without electricity. We’re proud to partner with NDF and demonstrate that shared risk, shared learning and long-term commitment can make real impact in the hardest-to-reach communities”, says Jacqueline Novogratz, Founder and CEO of Acumen. “Real examples: NDF stepped into providing a grant to enable Hardest to Reach to provide impact-aligned loans. This allows both rigor and inclusion, a tension critically needed when serving under resourced communities,” she adds. 🌱💡 ➡️ Read more about Strategy 2030: https://shorturl.at/wLy3F #Partnerships #Collaboration #Innovation #Strategy2030 #ClimateFinance #RiskTaking