The Nordic Environment Finance Corporation (NEFCO) provides green financing targeted at small and medium-sized projects with tangible, positive environmental impacts in the Nordic region – and in particular the Baltic Sea. Through its extensive fund management, activities in the Arctic and Barent
Biomass briquettes are a biofuel substitute to coal and charcoal. They are used to heat industrial boilers in order to produce electricity from steam. The most common use of the briquettes are in the developing world, where energy sources are not as widely available. There has been a move to the use of briquettes in the developed world through the use of cofiring, when the briquettes are combined with coal in order to create the heat supplied to the boiler.