Energy efficiency improvements in Gurievsk financed by NEFCO

Environmental investments in the Russian Barents region

Video on Cleantech investments in Eastern Europe

This video shows how the Nordic Environment Finance Corporation (NEFCO) is promoting cleantech investments and thereby reducing discharges of toxic substances in Russia and Ukraine.

Video on NEFCO-financed wastewater treatment projects

NEFCO has released a video clip on the ecological state of the Baltic Sea and the corporation's investments in wastewater treatment. The main focus of the video clip are NEFCO’s funding operations in Russia, with particular attention on Vodokanal, the St Petersburg waterworks company.

"It is fascinating to follow the debate on the Baltic Sea. During the summer season, when the ugly algae blooms hit the beaches and ruin our vacation plans, the poor state of the Baltic Sea is rudely brought to our attention, and we all start talking about it. In winter, when ice and snow covers the pollution, the public debate dies. We hope that this video will keep the debate alive and inspire coordinated efforts to save this particularly sensitive maritime area," says Mikael Sjövall, NEFCO's Communications Manager.

"It is my hope that the provision of more information on successful projects to improve the ecological state of the Baltic Sea will generate more public interest for the continuous improvement of this sensitive maritime area”, says Karl-Johan Lehtinen, a Senior Manager at NEFCO.

Since its inception, NEFCO has so far financed 25 renovations of wastewater treatment plants, which has resulted in substantial reductions of environmental pollutants flowing into the Baltic Sea. In 2009, NEFCO-funded projects reduced discharges of phosphorus into the Baltic Sea by some 1,260 tonnes, a figure corresponding to the amount of untreated wastewater generated by over 1.8 million people every year.

Watch the video on YouTube

Interview with Plant Manager Peep Kruuser at Saaremaa, EstoniaNEFCO video on carbon financing

This video focuses at two projects, namely a wind park in Viru Nigula and a biogas project in Saaremaa in western Estonia. Both projects have been classified as so called Joint Implementation (JI) projects under the Kyoto Protocol.

The carbon finance comes from the Baltic Sea Region Testing Ground Facility, one of the carbon funds managed by NEFCO. The JI component of the Viru Nigula project is co-financed with the Swedish Energy Agency.

Watch our video (Online)