Public Sector Investment Facility
Finland's Public Sector Investment Facility funds sustainable public sector projects in developing countries using Finnish expertise to advance the UN SDGs, focusing on sectors like energy, water, and social infrastructure.
Funder: Finland Ministry for Foreign Affairs
Due Dates (Anticipated): September 2026: Concept paper submission deadline (projected)
Funding Amounts: Typical project size: €10–30 million; grant element covers 35–50% of project costs; 10-year loan maturity.
Summary: Supports sustainable public sector investments in developing countries using Finnish expertise to advance the UN Sustainable Development Goals.
Key Information: Concept papers are reviewed in a single annual batch; funding is tied to Finnish content and eligibility requirements.
Description
The Public Sector Investment Facility (PIF) is a flagship development finance instrument administered by the Finland Ministry for Foreign Affairs. It provides concessional financing for public sector investment projects in developing countries that align with the UN Sustainable Development Goals (SDGs) and leverage Finnish technology and expertise. PIF combines development cooperation funds with export credits, significantly reducing investment costs for recipient countries. The facility is structured around a partnership model: the Ministry grants financial assistance (covering interest and a portion of the investment), while Finnvera (Finland's export credit agency) provides buyer credit guarantees. Projects must demonstrate clear development impacts and sustainability, and are implemented in close cooperation with Team Finland operators. Supported sectors include social infrastructure, water supply, energy, cleantech, and other areas compatible with national development strategies.
