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
Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.