Sida is launching a SEK 40 million green technology facility at the Swedish Embassy in New Delhi for the period 2008-2010. It started out as a tied fund, but has been opened up for non-Swedish entities.
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A new Swedish government policy encourages Swedish actors to engage in development activities. But it skirts around the dilemma of how to promote the Swedish private sector without violating untied aid rules.
The Swedish National Anti-Corruption Unit is in the final phase of investigating the involvement of Swedish companies in bribery related to the UN-financed oil-for-food scheme in Iraq. Christer van der Kwast, Chief Public Prosecutor, tells Development Today that efforts are being focused on “some larger companies".
As part of the Actor-driven Cooperation Policy, Sida has set up a “rapid response fund", which offers up to SEK 300,000 to Swedish public institutions that want to establish cooperation arrangements in developing countries.