Nopef and the Nordic Vision

Nordic co-operation is guided by the Nordic Vision 2030, which aims to make the Nordic region the most sustainable and integrated in the world.

Nopef aims to contribute to the objectives of the Vision 2030 and to concrete actions to realise the Vision. All 54 projects approved for financing in 2024 contribute to one or more of the business sector initiatives in the Nordic Council of Ministers’ action plans for the Vision 2030.

During 2024, Nopef approved projects across all initiatives in the business sector action plans, with the majority focusing on circular economy and sustainable business models (23 projects). Nopef also granted financing in the priority areas of digitalisation, AI and data (12 projects); sustainable ocean economy (5 projects); sustainable construction and real estate (5 projects); green transportation (4 projects) and life sciences and health technology (3 projects). The areas of smart connectivity and sustainable mineral products were each represented by one project.

Many projects overlap with more than one of the programme initiatives for the Vision 2030. In these cases, the categorisation has been determined according to the area in which the clearest impacts can be identified.