Annual Report 2022

  • Year 2022
    • Letter from the CEO
    • Climate investment fund operational
    • Investing in a volatile world
    • New strategy for Development Mandate
    • Key figures
    • Portfolio overview
  • This is Norfund
    • How we make a difference
    • Norfund and the SDGs
    • Organisation and team
    • Additionality
    • A responsible investor
      • Environmental and social risk management
      • Governance and business integrity
      • Climate and environment
      • Gender
      • Business Support
  • Development Mandate
    • Creating jobs, improving lives
    • Financial results
    • Impact – Development Mandate
      • Jobs created
      • Increased energy access and supply
      • Access to finance
      • Emissions avoided
      • Tax revenues – Development Mandate
    • Investment areas
      • Renewable Energy
      • Financial Inclusion
      • Scalable Enterprises
      • Green Infrastructure
    • Frontier Facility
    • Exited companies
  • Climate Mandate
    • Investing in the transition to net zero
    • Investments 2022
    • Impact – Climate Mandate
      • Emissions avoided
      • Increased renewable energy supply
      • Jobs and taxes
    • Financial statements
  • Board of Directors’ Report and Annual Financial Accounts
    • Board of Directors’ report
    • Income Statement
    • Balance
    • Cashflow Statement
    • Notes
    • Auditor’s report
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Previous reports

2021 2020 2019 (pdf) 2018 (pdf) 2017 (pdf)

Hei, verden!

The Norwegian Investment Fund for
Developing Countries

Board of Director’s Report and Annual Financial Accounts (PDF)
Annual Report (PDF)
Climate Investment Fund Report (PDF)
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