Green Guarantee Company

Perception of risk for green projects in developing countries is ‘too high’

Business February 19, 2024 / By: Bjørn H Amland

Norfund is investing in the newly established Green Guarantee Company which will issue credit guarantees to lenders for green projects in developing countries. Norfund says the default rate on such projects is lower than for non-green projects in OECD countries.

Gree n guarantee norfund.jpeg — Norfund hopes the Green Guarantee Company will give green projects in developing countries access to cheaper and more long-term financing. Investment Director Cathrine Kaasen Conradi (left) and Investment Associate Fredrik Scheen at Norfund. (Photo: Norfund)

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Green Guarantee Company

Perception of risk for green projects in developing countries is ‘too high’

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