NIB lanserer sin klimastrategi på COP28( Foto: Arild Moen.)
NIB lanserer klimastrategi for bærekraftig finansiering av netto-nullmål på COP28. Nordisk Investeringsbank (NIB) har lansert en ny klimastrategi, som setter en handlingsbar vei mot en bærekraftig fremtid på COP28, den siste globale klimakonferansen. Denne strategien forplikter NIB til konkrete, vitenskapsbaserte mål som er i tråd med Parisavtalen, og reduserer klimagassutslipp gjennom sine finansieringsaktiviteter og operasjoner.
With NIB’s member countries at various stages of their transition, NIB commits to providing sustainable finance to help meet and exceed their environmental ambitions. NIB’s financed emissions will be reduced to align with the 1.5°C global warming scenario, with lending targets set against science-based and sector-specific decarbonisation pathways:
- The bank has set targets for sectors such as power and heat, aiming for a 53% reduction to 30 gCO2/kWh by 2030, and has set specific decarbonisation goals in carbon-intensive raw materials such as steel, cement and aluminium.
- To facilitate a broad-based transition to net-zero, the bank will focus on both ‘fast-lane’ sectors with green solutions and ‘slow-lane’ sectors, addressing the challenges faced by industries with fewer low-carbon options.
- For capital goods and consumer retail, NIB aims for on-balance exposure with the SBTi target coverage of 80% and 76%, respectively, by 2030.
- Commercial real estate is targeted for a 30% reduction in emissions to 6.0 kgCO2/m2 by 2030.
- NIB recognises the essential role of airports in regional productivity and, while not setting specific decarbonisation targets, actively supports the shift towards sustainable, net-zero airports. This strategy balances the current challenges in decarbonising air transport with the economic importance of airports, reflecting NIB’s mission to finance projects that improve productivity and benefit the environment.
- Operations-wise, NIB is targeting a 35% reduction in its direct emissions (i.e., scopes 1 and 2) by 2030 from the 2022 base year.
NIB focuses on climate change mitigation, prevention, adaptation, circular economy, and pollution reduction. In 2021, NIB stopped financing fossil fuel energy generation, including upstream activities and processing. Further information of NIB’s Climate strategy and annual reporting are available at www.nib.int.
NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.
Download the NIB Climate strategy
For further information, please contact
Luca De Lorenzo, Head of Sustainability & Mandate at NIB, at +358 010 618 0297, Luca.DeLorenzo@nib.int
Jukka Ahonen, Senior Director, Head of Communications, at +358 10 618 0295, jukka.ahonen@nib.int
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