
About Swedfund
Introduction
Swedfund is Sweden’s development finance institution with the mission of fighting poverty through sustainable investments in developing countries. Through our work, we contribute to the implementation of the 2030 Agenda for Sustainable Development and the Paris Agreement. We share the same goal as Swedish development cooperation - a world without poverty - but we use other tools.
We implement sustainable investments in the private sector and work on technical feasibility studies and capacity building in relation to public actors.
Swedfund invests to contribute to jobs with decent working conditions and increased access to essential products and services such as electricity, food and digital connectivity. Our investments promote innovation, enable more companies to meet international standards, increase local value creation and facilitate economic diversification.
Through technical feasibility studies and capacity-building initiatives in the public sector, we lay the foundation for more sustainable and investable infrastructure projects in developing countries. A well-developed infrastructure is central to poverty reduction, economic development and increased trade, where Swedish companies can be part of the solution to the challenges that exist in developing countries.
Source of funding
Swedfund was established in 1979 and is a state-owned company managed by the Swedish Ministry of Finance. Our operations are financed by reflows from the portfolio and through capital injections from the development cooperation budget, for which the Swedish Ministry for Foreign Affairs is responsible.
Goals and mission objectives
Swedfund has a public policy assignment with specific mission objectives focused on sustainable value creation and the 2030 Agenda. Our public policy assignment is based on the UN Sustainable Development Goals, focusing on reducing inequality, decent work, climate, women's economic empowerment and capital mobilisation.
Read more about our goals in our Integrated Report
Find out more about our goals: Our goals for creating sustainable value
We also comply with a number of policies, guidelines, regulatory frameworks, undertakings and international principles. Find out more: Guidelines and policies
Additional and catalytic
Swedfund’s mission is to act additionally and catalytically. by attracting private capital for investments. This means that we enable investments that would otherwise not take place.
Swedfund assesses additionality from several different perspectives: financial and value creation, where we assess the sustainability social impact of the investment.
We are additional and catalytic through:
- private sector investments, capital mobilisation and capacity building to promote development and growth
- feasibility studies and capacity building measures via the Project Accelerator, for the sustainable development of public infrastructure, trade and export opportunities for Swedish companies
Risk
As a development finance institution, taking risk is a pivotal part of our mission and business. We are catalytic by taking risks and showcasing opportunities. Our ambition is to act as a bridge to private capital and contribute to mobilise private capital to developing countries through investments and feasibility studies that lay the foundation for more investable infrastructure projects.
Implementing sustainable investments that generate both impact and financial returns has an important demonstration effect and facilitates the mobilisation of institutional capital.
Swedfund's risk management method aims to achieve risk optimisation based on our mission goals and business model, rather than risk minimisation in every respect.