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Danish PM announces EUR 2 billion expansion of IFU, Denmark’s aid-funded investor

News September 19, 2023

After decades of tight financing, the Danish development finance institution IFU can look forward to a major expansion. In connection with the UN General Assembly in New York, Prime Minister Mette Frederiksen launched the investment fund as Denmark’s spearhead for mobilizing private capital for the green transition and the UN 2030 Agenda.

dk UNGA.jpeg

PM Mette Frederiksen (left) and Development and Global Climate Minister Dan Jørgensen announce a major expansion of IFU, in connection with the UN General Assembly in New York Monday. (Photo: Danish Ministry of Foreign Affairs)

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Nordic aid budgets Development Finance Institutions

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