The NIB Governors emphasised the role of the Bank as an international financial institution for its Nordic and Baltic member countries as well as for the whole Baltic Sea region. NIB\'s pan-regional perspective and broad experience of both private and public sector financing puts the Bank in a good position to have a proactive role in promoting regional integration and development.
The Governors welcomed the recent initiative of the
Bank to launch the EUR 500 million "Baltic Sea Environment Financing
Facility" targeting the ecological restoration of the Baltic Sea and
the EUR 1 billion "Climate Change, Energy Efficiency and Renewable
Energy Facility" for supporting adaptation to climate change. These
initiatives assign the Bank a leading role in the implementation of the
Baltic Sea Action Plan agreed within HELCOM and in the member
countries\' efforts to tackle climate change.
The Governors also expressed their appreciation of
the Bank\'s active role in the cooperation within the Northern
Dimension, in particular the initiative to launch a new partnership in
transport and logistics.
NIB\'s current operations put the Bank in a good
position as a partnering institution and leading agent in relation to
the EU Baltic Sea Strategy, which is being developed. The Board of
Governors pledged the support of the Bank\'s member countries in this
respect.
The Board of Governors welcomed NIB\'s interaction
with the European Commission and cooperation with other international
financial institutions active in the region and encouraged further
steps to enhance this cooperation.
The Board of Governors, in which the member
countries are represented at the ministerial level, appointed the
Governor for Norway as its Chairman for the period 1 June 2008 to
31 May 2009.
NIB is a multilateral 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.For further information, please contact
Mr Johnny Åkerholm, President & CEO, at +358 10 618 001, [email protected] or
Mr Jukka Ahonen, Director of Communications, at +358 10 618 0295, [email protected]
www.nib.int
P.O.Box 249 (Fabianinkatu 34), FI-00171 Helsinki, FINLAND, +358 10
618 001, [email protected]