Partnerships are the core of NDF’s mission to advance climate and development action. As an anchor donor of the Systematic Observation Financing Facility (SOFF), we have supported strengthening weather and climate data for the most vulnerable regions of the world. 💬 “NDF is more than a donor for SOFF. NDF trusted SOFF at its earliest stage, becoming its first donor when SOFF was still a concept and enabling the Fund to take off. Beyond financial support, NDF has demonstrated strong leadership in practice by serving as Steering Committee co-chair during SOFF’s first two years, helping mobilize other donors and shaping a strong Nordic footprint within SOFF’s governance,” says Markus Repnik, Director of the SOFF Secretariat. “We are grateful for a partnership grounded in a shared innovation mindset, reflected for example in NDF’s targeted support to SOFF’s exploration of innovative financing solutions, such as the Systematic Observation Impact Bond,” he adds. ➡️ Read more about Strategy 2030: https://www.ndf.int/…/ndf-launches-its-strategy-2030-focus-…

🔑🌍 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