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
  • Download Center
Download Center

Previous reports

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

Impact – Development Mandate

Jobs created

Increased energy access and supply

Access to finance

Emissions avoided

Tax revenues

  • Previous article

    Financial results
  • Next article

    Jobs created

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)
  • Norfund.no
  • Personvern