Criteria for green loans

Construction projects with a clear environmental profile.

Construction of new buildings, rehabilitation of buildings or measures in existing buildings. Projects that improve energy efficiency, reduce greenhouse gas emissions and/or contribute to climate change adaptation can be eligible. Specific criterias can be found in the criteria set (pdf).

Download the application form for buildings (Norwegian) (docx)

Horten Upper Secondary School was financed using a green loan from KBN. Photo: Hundven-Clements Photography

Facilitating the use of renewable energy sources.

Examples of projects in this category include renewable energy production, energy storage and development of energy infrastructure. Specific criteria can be found in the criteria set (pdf).

Download the application form for renewable energy projects (Norwegian) (docx)

"The magic factory" in Vestfold was financed by a green loan from KBN. Photo: Greve Biogass

Transport solutions with minimal or zero emissions.

In order to be granted a green loan, no fossil fuels can be used in vehicles procured as part of the project. All transport projects that have received a grant from Enova qualify for a green loan. Specific criteria can be found in the criteria set (pdf).

Download the application form for transportation projects (Norwegian) (docx)

A green loan from KBN was used to finance a shore-side power supply in central Stavanger and an offshore terminal in Risavika. Photo: Illustration/iStock

In order to be granted a green loan, a project in this category must improve the efficiency of waste management. Examples of waste management projects include upgrading old or building new waste management facilities, constructing carbon capture plants, and central automated vacuum waste collection systems. Specific criteria can be found in the criteria set (pdf).

Download the application form for waste management projects (Norwegian) (docx)

A green loan from KBN was used to finance a home collection service for glass and metal packaging in the municipality of Ålesund.

Water and wastewater investments with climate and environmental profile. 

Water and wastewater projects which either have the primary purpose of reducing greenhouse gas emissions or energy consumption, or which respond to a specific climate adaptation need. Specific criteria can be found in the criteria set (pdf)

Download the application form for water and waste water management (Norwegian) (docx)

A green loan from KBN was used to finance the construction of a joint water and wastewater facility for Trondheim and Klæbu, and transfer pipelines to a larger facility in Trondheim. Photo: Torunn Brånå

Sustainable land use.

Investments in area development where nature, environment and climate are emphasized, and/or where pollution measures are undertake. For investments in walking and cycling infrastructure, see the Transport category. Specific criteria can be found in the criteria set (pdf).

Download the application form for land use and area projects (Norwegian) (docx)

A green loan from KBN was used to finance Ydalir, a new, environmentally friendly district within walking distance of the centre of Elverum. Photo: Tegn_3 and Elverum Vekst

Projects that clearly constitute adaptation to climate change.

Climate change adaptation measures which help make the local community better equipped to withstand current and future climate changes and reduce physical climate risk. Specific criteria can be found in the criteria set (pdf).

Download the application form for climate change adaptation projects (Norwegian) (docx)

KBN's green loans finance part of the Time Municipality's comprehensive measures for overwater management. Photo: Illustration/iStock