IFU News - DKK 2.4 Billion Danish Investments for Sustainable Growth

Enriched Impact Investor · Found: 2026-03-11 10:59

Impact Fund Denmark news on record DKK 2.4 billion investments in 2024 creating sustainable growth in the Global South across renewable energy, agriculture, forestry and health sectors.

Source: https://impactfund.dk/news/danish-investments-of-dkk-2-4-bn-create-sustainable-growth-in-the-global-south

Funding Details

Funder

Impact Fund Denmark (IFU)

Funding Goal

Invest in private sector companies in developing countries to drive sustainable economic growth, green transition, and improved living conditions across Africa, Asia, Latin America, and Eastern Europe.

Funding Amount

DKK 2.4 billion deployed in total in 2024; individual investments vary widely (e.g., DKK 132m in Ukraine across 3 companies; DKK 560m across African portfolio). No fixed per-project minimum/maximum disclosed.

How to Apply

Companies can apply for funding via the Impact Fund Denmark website (impactfund.dk/apply-for-funding/). No open call deadline; rolling basis.

Target Region

Africa, Asia, Latin America, Eastern Europe, Global South

Contact

Charlotte Holst Frahm, SVP Communication & Marketing — +45 41 38 12 42, chf@impactfund.dk. Head Office: Østbanegade 135, 2100 Copenhagen, Denmark. Tel: +45 33 63 75 00. contact@impactfund.dk

Last Checked

2026-03-11 16:20

Application Checklist

Eligibility

• Applicant must be a private sector company or financial institution (not an NGO)
• Project must be located in a developing country (Africa, Asia, Latin America, Eastern Europe)

Project Scope

• Project must fall within focus sectors: green energy/infrastructure, sustainable food systems, healthcare, or financial services
• Investment must demonstrate measurable sustainable development impact (jobs, climate, health, financial inclusion)

Required Documents

• Apply via impactfund.dk/apply-for-funding/ — no fixed application deadline, rolling process

Constraints

• Funding provided as equity, loans, guarantees, or venture capital — not as grants
• Portfolio must align with IFU's net-zero 2040 ambition; climate impact assessed for all investments

Summary

Impact Fund Denmark (formerly IFU) is Denmark's development finance institution with over 50 years of experience. In 2024, the fund invested DKK 2.4 billion — an 80% increase over the prior year — across renewable energy, sustainable agriculture and forestry, healthcare, and financial inclusion. The fund operates in developing markets across Africa, Asia, Latin America, and Eastern Europe, deploying a mix of equity, loans, guarantees, and venture capital instruments. The fund's 2024 portfolio is expected to support 20,000 full-time jobs, install 400 MW of renewable energy, deliver healthcare to 33 million people, and generate approximately DKK 2 billion in annual local tax revenues. Nearly 60% of 2024 investments are classified as climate finance, and the fund aims for its portfolio to be net-zero by 2040. Investments are made in for-profit enterprises and financial institutions, not in NGOs or grant-based projects. Key instruments include direct equity and loans, a Danish Development Guarantee Facility, and the public-private Danish SDG Investment Fund II (initial commitment DKK 2.7bn, target DKK 5bn). The fund was ranked among the world's top 15 impact investors by BlueMark in 2024. This page is a news article summarizing IFU's 2024 Annual Report, not a direct program call. Companies seeking investment can apply via the Impact Fund Denmark website. The fund's focus sectors are green energy and infrastructure, sustainable food systems, financial services, and healthcare — not ocean conservation or plastic recycling.

Historical Context

IFU has been operating for over 50 years. 2024 investments (DKK 2.4bn) represent an 80% increase over 2023. The Danish Development Guarantee Facility entered its first two guarantee agreements in 2024 (DKK 746m). The Danish SDG Investment Fund II launched in 2024 with DKK 2.7bn initial commitment targeting DKK 5bn. CO2 emissions from portfolio fell 33% in 2023.

Why it was added

DANIDA/Danish development funding for waste/CE

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