NDF Mitigation Finance

The document outlines an evaluation of 18 Nordic Development Fund (NDF) projects to assess their contribution to climate mitigation and transformative change. Using the Climate Investment Fund’s (CIF) Principles for Transformational Climate Finance, the study examines whether Swedish development finance achieves the scale and speed of emission reductions necessary to meet the Paris Agreement's 1.5 C temperature goal. The evaluation focuses on speed, scale, systemic change, relevance, additionality, co-benefits, and transparency, emphasizing that transformative potential requires analysis of wider structural change beyond simple quantitative greenhouse gas measurements.

• The evaluation assesses 18 NDF projects based on the Climate Investment Fund’s (CIF) Principles for Transformational Climate Finance, specifically focusing on speed, scale, systemic change, relevance, and additionality, while also observing co-benefits and documentation transparency.
• The study argues that determining the transformative potential of climate mitigation finance requires analyzing the potential for wider structural change to accelerate emissions reductions, rather than relying solely on quantitative measurements of greenhouse gas reductions.

APA

Stockholm Environment Institute (2025). NDF Mitigation Finance. https://www.sei.org/publications/ndfs-mitigation-finance/

Chicago

Stockholm Environment Institute. NDF Mitigation Finance. 2025. https://www.sei.org/publications/ndfs-mitigation-finance/.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=NDF Mitigation Finance |date=18 February 2025 |url=https://www.sei.org/publications/ndfs-mitigation-finance/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitute2025ndf, author = {{Stockholm Environment Institute}}, title = {{NDF Mitigation Finance}}, institution = {Stockholm Environment Institute}, year = {2025}, month = feb, url = {https://www.sei.org/publications/ndfs-mitigation-finance/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }