The Nordic sustainable Blue Economy study

As a pioneer in green financing, Nefco only finances projects that generate positive environmental and/or climate-related impacts. Nefco believes that all finance can and should be green, for good.

Nefco is commissioning a study to analyse the Nordic sustainable Blue Economy and to identify high-impact solutions aligned with its environmental mandate. The study will focus on nature-positive and climate-smart solutions that address key marine and coastal challenges while supporting the transition to sustainable, low-carbon ocean industries. Building on existing Nordic analyses, such as The Nordic Ocean Opportunity and Nordic Oceans 2050, the study will narrow the scope to sustainable subsectors with strong potential for scalability and environmental impact.

The main focus of the study is to map and evaluate existing and potential companies and solutions across all Nordic countries (Finland including Åland, Sweden, Norway, Denmark including the Faroe Islands and Greenland, and Iceland). The study will identify promising, primarily small and medium sized enterprises (SMEs) and technologies across different stages of maturity. In addition, the study will include a limited review of relevant Blue Economy funding schemes and best practices in the Nordic region.

The findings will support Nefco’s strategic prioritisation of investments in the Nordic Blue Economy.