Norfund is the Norwegian Investment Fund for developing countries, investing to create jobs, improve lives and support the transition to net zero. Norfund is owned and funded by the Norwegian Government and is the Government’s most important tool for strengthening businesses that create jobs and reduce poverty in developing countries.
Norfund’s mandate is defined by the Norfund Act of 1997. The Act states that Norfund´s role is to assist in building sustainable businesses and industries in developing countries by providing equity capital and other risk capital.
Norfund has two investment mandates:
The Climate Mandate is undertaken through the Climate Investment Fund.
Norfund helps to build sustainable businesses that would not otherwise be developed because of the high risks involved.
