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Nopef and the Nordic Vision 2030

Concrete actions to support a green, competitive and socially sustainable Nordic region

Nopef aims to contribute to the priorities of the Nordic Vision 2030 and to the specific goals of the business sector action plans. All projects funded by Nopef will contribute to concrete actions to realise the Nordic Vision, which aims to make the Nordics the most sustainable and integrated region in the world by 2030.

Nopef aims to contribute to the priorities of the Nordic Vision 2030 and to the specific goals of the business sector action plans.

All 56 projects approved for financing in 2023 contribute to one or more of the initiatives in the Nordic Council of Ministers’ action plans for the Nordic Vision 2030. In 2023, the area of circular economy and sustainable business models continued to be the initiative in which Nopef has the largest impact, with 21 approved projects for the year.
Nopef also granted funding for projects in the areas of sustainable ocean economy (9 projects), sustainable construction and buildings (7 projects), digitalisation, AI and data (7 projects), green transport (7 projects), smart connectivity (3 projects), sustainable mineral production (1 project) and life science and health technologies (1 project).
Many projects overlap with more than one of the programme initiatives for the Nordic Vision. In these cases, the categorisation has been determined according to the area in which the clearest impacts can be identified.
Number of approved projects in 2023 by initiatives within the Nordic Council of Ministers’ action plans for the Nordic Vision 2030

Case story
Manna Insect’s solution produces high-protein animal feed and organic fertilisers from biowaste

Finland-based Manna Insect has created a solution for the production of high-protein animal feed, using black soldier fly larvae to simultaneously process biowaste and provide better feed for animals while also producing a fertiliser by-product. The company applied for Nopef funding to test its innovative circular solution in Kenya.
Following the Nopef-funded feasibility study and the completed pilot project in Kenya, Manna Insect has established a permanent presence and hired two employees in Kenya to meet demand. More interest has been received from around the world and the company may carry out further feasibility studies for the Indian market.
More project stories: www.nopef.com/cases