Public consultation
NIB’s Board of Directors approved the reviewed Sustainability Policy for public consultation on 4 June 2024. The consultation process was open for 30 days. We invited our stakeholders to provide comments on the document by 4 July 2024. NIB’s reviewed Sustainability Policy entered into force on 5 July 2024.
Sustainability policy review
Category A projects for public disclosure
Potential borrower:
Raahen Satama Oy
Date of publication:
Dec 10 2024
Planned date of Board of Directors meeting:
Feb 25 2025
Projects with potentially extensive social and environmental impacts are made publicly available for comment before the Bank decides on financing the project. Project summaries are available on this website for a period of 30 days. Only after this public consultation will NIB’s Board of Directors makes a decision on the project.
Your feedback is important to us!
Please send your comments to info@nib.int with “Category A project” in the subject field.
Procurement notices
The Bank is keen on providing suppliers, contractors and consultants with information on tendering for procurement related to projects financed by NIB or other IFIs within the area of NIB’s mission-driven operations.
Trust funds
NIB’s member countries, the Northern Dimension Environmental Partnership (NDEP), and the Northern Dimension Partnership on Transport and Logistics (NDPTL) engage NIB as one of the channels through which technical assistance and capital grants are allocated to projects in the regions adjacent to the member countries. NIB administers the following trust funds.
NIB-NEFCO Finnish Technical Assistance Trust Fund—a fund for preparation of projects in the Northern Dimension area, including Russia, with special emphasis on areas neighbouring Finland. Preference is given to projects in infrastructure, environment, forestry and forest industries. The Finnish government is represented by the Ministry of Foreign Affairs.
NIB-NEFCO BSAP Technical Assistance Trust Fund—a technical assistance trust fund for project development and preparation as well as associated institutional support for the implementation of the Baltic Sea Action Plan. NIB and NEFCO jointly manage the fund. Finland and Sweden have made contributions. The Finnish government is represented by the Ministry of Foreign Affairs. The Swedish government is represented by the Ministry of the Environment and the Swedish Agency for Marine and Water Management.
Sida-NIB Sustainable Municipal Technical Cooperation Fund—a Swedish technical assistance trust fund for the development, monitoring and supervision of potential projects in the field of municipal development in Eastern European countries qualified as recipients of official development aid, and in Russia. The Swedish government is represented by Sida
NDPTL Support Fund—a fund to allow for effective delivery of financial support to NDPTL projects, in the form of technical assistance, project development, preparation and implementation. So far, contributions have been made by Finland, Germany, Norway and the European Union.
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