Governance & organisation

Nopef (the Nordic Project Fund) was established by the Nordic countries in 1982 to strengthen the competitiveness of Nordic enterprises by supporting feasibility studies and preparatory activities for internationalisation. Today, Nopef focuses on projects that contribute to the green transition, have clear potential to be scaled and provide demonstration value in international markets.

Nopef is managed by Nefco (the Nordic Environment Finance Corporation) under a fund administration agreement with the Nordic Council of Ministers. A Steering Committee of representatives from each Nordic country oversees the fund and is appointed by the Nordic Council of Ministers.

Nopef (the Nordic Project Fund) was established by the Nordic countries in 1982 to strengthen the competitiveness of Nordic enterprises by supporting feasibility studies and preparatory activities for internationalisation. Today, Nopef focuses on projects that contribute to the green transition, have clear potential to be scaled and provide demonstration value in international markets.

Nopef is managed by Nefco (the Nordic Environment Finance Corporation) under a fund administration agreement with the Nordic Council of Ministers. A Steering Committee of representatives from each Nordic country oversees the fund and is appointed by the Nordic Council of Ministers.