NEFCO
-a
regional international financial institution
-established
in 1990 by the 5 Nordic countries
-has as
its purpose to promote cost effective solutions
to reduce the environmental load from the adjacent
region
-finances
projects primarily in the Baltic Sea region
and in NW Russia
-mainly
focuses on small and medium sized projects
-provides
equity financing, loans, soft loans, contingency
financing and in some cases grants
