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Nordic Climate Dialogues was as much about action as it was about dialogue. Climate leaders and decision-makers engaged in conversations and shared valuable views and examples of how collaboration can accelerate climate action. The event was the first of its kind for 91Â鶹ӳ»­´«Ã½ (NDF), yet the participants praised the event and stressed the need for this kind of platforms.

“This was a great event, but the real goal lies in a successful follow-up,” says Satu Santala, Managing Director at NDF. “We are proud of the Nordic leadership in climate finance, but we must remain humble as the work needs to continue. We will focus on mutual partnerships that build on trust and commitment despite the global turmoil.

NDF’s Deputy Managing Director & Director of Strategy, Outreach and Communications, Leena Klossner, led the concluding remarks of the event with a focus on actionable reflections.

NDF's Deputy Managing Director, Leena Klossner, highlights our focus on partnerships.  Photo: NDF/Tero Ahonen

“One term which I heard at this event was ‘value chain of stakeholders.’ That is a great, because we want to emphasise the different roles of different stakeholders and the dynamic relations between them. One group which we must never lose sight of are the local institutions in the countries where we work. They have a very important role in implementation as well as creation of local financing solutions”.

Collaboration brings innovative solutions

One shared example to highlight partnerships in mobilising more climate finance through novel mechanisms is the led by the Systematic Observations Financing Facility (SOFF). This USD 200 million facility will be featured as one of the tangible innovative finance solutions at in November 2025. This bond is aimed at scaling up financing for systematic weather and climate observations and research and thus delivering data for early warnings.

“The goal is a 500% increase in shared data. Weather and climate data is a global public good which everyone is dependent upon” explains Markus Repnik, Director SOFF Secretariat, World Meteorological Organization.”

Nordic countries and institutions were early champions of the SOFF. NDF and meteorological authorities in Denmark, Finland and Norway were among the initial group of partners.

“As everyone uses this data, we want a diverse donation base and an agile structure for the bond,” Repnik says. “This includes governments, philanthropies, pension funds, businesses, development funds and sovereign donors.”

Showcasing a short film 'Between Land and Ocean' commissioned by NDF, highlighting the WACA programme. Photo: NDF/Tero Ahonen

Another exciting development was highlighted during the Dialogues: The Investment Mobilisation Collaboration Alliance’s (IMCA) new USD 100 million Adaptation Finance Window for Africa.

“We need to support long-term development, not just respond to disasters,” says Sashi Jayatileke, Senior Director, World Climate Foundation's IMCA Secretariat. “This supports communities with climate-smart farming, coastal resilience, nature-based approaches, climate-resilient infrastructure and technologies addressing extreme heat and climate-driven displacement.”

Jayatileke also shares good ideas to improve efficiency in development finance, including reducing the cost of due diligence. She points out how every donor tends to ask for the same information, which increases the burden on the project. The standardisation of capital markets could provide inspiration to climate finance.

Nordic Climate Dialogues 2025 is organised by 91Â鶹ӳ»­´«Ã½. Partners include , the , , and the .

Sashi Jayatileke Investment Mobilisation Collaboration Alliance (IMCA) shares ideas on improving development finance. Photo: NDF/Tero Ahonen