Explore More Than Just This Free Article

This article is a glimpse of the exclusive insights we provide daily to industry leaders. Dive deeper into our industry-specific reports and uncover the strategic information you need.

Nordic Green Bank commissions AFRY to facilitate biodiversity pilot program to test, develop nature-based solutions with Nefco client companies; participants will gain experience in biodiversity protection, develop a plan, act to tackle biodiversity loss

STOCKHOLM , August 31, 2022 (press release) –

AFRY has been contracted by Nefco, the Nordic Green Bank, to facilitate a pioneering biodiversity pilot programme to test and develop nature-based solutions with Nefco client companies. It is a two-year programme with the purpose to enable particularly small and medium-sized companies to learn about the biodiversity-related risks and opportunities for their business, and to test scalable solutions to address them.

Nefco’s biodiversity pilot programme is due to be launched in the autumn of 2022, and is open to existing Nefco client companies in the Nordic countries. The companies will be selected during the autumn, and the programme activities will be tailored according to the companies’ size and needs.

Nefco is setting an example to other financial institutions with the pilot programme. AFRY has been consolidating expertise from several business units to support Nefco in  achieving its strategic targets. Sustainability consultants, environmental experts and field technicians are working together in this project as a dedicated biodiversity management team.

"It is great to support Nefco and the businesses in this emerging field. Whilst the climate crisis traditionally has been dominating media and policy making, we have seen a significant increase in public awareness about the loss of species and ecosystems in recent years. Both financial sector and businesses are now beginning to address climate change and biodiversity loss as twin crises. We are proud to contribute to more companies taking action in this field," says Dr. Sven Stadtmann, Biodiversity and Natural Capital Lead, AFRY Sustainability Consulting.

According to the UN Environment Programme report “State of Finance for Nature” released in 2021, investments in nature-based solutions need to triple by 2030, if the world is to meet the climate change, biodiversity, and land degradation targets. The global report calls for closing a USD 4.1 trillion financing gap in nature-based solutions.

“Our goal is to inspire even more companies and project owners to think in terms of nature-based solutions and contribute to knowledge transfer and learning. The participating companies will gain experience in biodiversity protection, develop a biodiversity management plan, and take concrete steps to tackle biodiversity loss. It is a great opportunity for the companies,” says Katariina Vartiainen, Senior Manager, Environment and Sustainability, Nefco.

Nefco will organise Q&A sessions to its interested client companies in the coming weeks. Learn more: nefco.int/biodiversity

Discover more about AFRYs sustainability consulting and environmental services.

For further information, please contact:

Anna Magni, Head of Communications, Infrastructure

+46 10 505 39 74, anna.magni@afry.com

AFRY is a European leader in engineering, design, and advisory services, with a global reach. We accelerate the transition towards a sustainable society.
We are 16,000 devoted experts in infrastructure, industry, energy and digitalisation, creating sustainable solutions for generations to come.
Making Future

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo with Dan
Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order forestry & timberland coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.