{"id":6498,"date":"2023-04-18T11:17:10","date_gmt":"2023-04-18T09:17:10","guid":{"rendered":"https:\/\/norfund.wpenginepowered.com\/annualreport-2022\/?page_id=6498"},"modified":"2024-06-17T13:55:59","modified_gmt":"2024-06-17T11:55:59","slug":"key-figures","status":"publish","type":"page","link":"https:\/\/reports.norfund.no\/annualreport-2022\/year-2021\/key-figures\/","title":{"rendered":"Key figures"},"content":{"rendered":"\n<p>For the first time this year, Norfund reports on both the Development Mandate and the new Climate Mandate, as the Climate Investment Fund <a href=\"https:\/\/reports.norfund.no\/annualreport-2022\/key-event-1\/\">became operational starting in 2022.<\/a> For some key figures such as commitments and investments we present both here, while on others such as certain development effects we report only on the Development Mandate due to the current relatively small size of the Climate Mandate.<\/p>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/development-mandate\/creating-jobs-improving-lives\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about the Development Mandate<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/climate-mandate\/investing-in-the-transition-to-net-zero\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about the Climate Mandate<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<p><em>For more detailed reporting on each mandate refer to their individual sections in the content menu above.<\/em><\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-new-commitments\">New commitments<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-3\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-blue\"><h3 class=\"norfund-number-card__title\">Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">4.5<\/span><span class=\"symbol\"><\/span><\/div><p class=\"norfund-number-card__text\">billion NOK in 2022<sup><sub>*<\/sub><\/sup><br><sup><sub>*Excluding Business Support and PDRMF<\/sub><\/sup><\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-green\"><h3 class=\"norfund-number-card__title\">Climate Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">2.1<\/span><span class=\"symbol\"><\/span><\/div><p class=\"norfund-number-card__text\"> billion NOK in 2022<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-total-commitments\">Total commitments<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-7\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-blue\"><h3 class=\"norfund-number-card__title\">Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">29.5<\/span><span class=\"symbol\"><\/span><\/div><p class=\"norfund-number-card__text\">billion NOK in portfolio<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-green\"><h3 class=\"norfund-number-card__title\">Climate Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">2.1<\/span><span class=\"symbol\"><\/span><\/div><p class=\"norfund-number-card__text\"> billion NOK in portfolio<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-investments\">Investments<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-11\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-blue\"><h3 class=\"norfund-number-card__title\">Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">34<\/span><span class=\"symbol\">\/18<\/span><\/div><p class=\"norfund-number-card__text\">New\/follow-on investments in 2022<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-green\"><h3 class=\"norfund-number-card__title\">Climate Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">7<\/span><span class=\"symbol\"><\/span><\/div><p class=\"norfund-number-card__text\">New investments in 2022<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-companies\">Companies<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-15\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-blue\"><h3 class=\"norfund-number-card__title\">Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">219<\/span><span class=\"symbol\">\/970<\/span><\/div><p class=\"norfund-number-card__text\">total direct\/indirect investees in the portfolio<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-green\"><h3 class=\"norfund-number-card__title\">Climate Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">7<\/span><span class=\"symbol\"><\/span><\/div><p class=\"norfund-number-card__text\">total direct investees in the portfolio<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n<div class=\"pdf-page-break\"><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"h-committed-investments-per-year-mnok\">Committed investments per year (MNOK)<\/h2>\n\n\n<script type=\"text\/javascript\">\n\ngoogle.charts.load(\"current\", {packages:['corechart']});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawBarChartbar6aef79d7e688a( 12, 6 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawBarChartbar6aef79d7e688a( 14, 14 );\n\t} );\n}\n\nfunction drawBarChartbar6aef79d7e688a( customFontSizehAxis = 14, customFontSizevAxis = 14 ) {\n\tlet data = google.visualization.arrayToDataTable([['data','Financial Institutions','Renewable Energy','Scalable Enterprises','Green Infrastructure','Climate Investment Fund'],['2004',82,0,237,0,0],['2005',67,100,179,0,0],['2006',33,703,270,0,0],['2007',196,750,231,0,0],['2008',522,286,568,0,0],['2009',406,120,418,0,0],['2010',170,332,342,0,0],['2011',696,1246,256,0,0],['2012',376,540,297,0,0],['2013',614,877,380,0,0],['2014',878,2565,203,0,0],['2015',1489,328,578,0,0],['2016',1452,870,462,0,0],['2017',939,2114,547,0,0],['2018',1910,956,645,0,0],['2019',1958,1319,738,0,0],['2020',1348,1647,1845,0,0],['2021',1175,2720,1408,17,0],['2022',1809,1073,1519,139,2135]]);\n\n\tlet view = new google.visualization.DataView(data);\n\n\t\n\tlet options = {\n\t\theight: 500,\n\t\tlegend: { position: 'bottom', alignment: 'end', maxLines: 3  },\n\t\tlegendTextStyle: { fontSize: 12, color: '#000' },\n\t\tbar: { groupWidth: '40%' },\n\t\tchartArea: {\n\t\t\ttop: '',\n\t\t\tright: '',\n\t\t\tbottom: '',\n\t\t\tleft: '',\n\t\t\twidth: '85%',\n\t\t\theight: '70%'\n\t\t},\n\t\twidth: '80%',\n\t\thAxis : {\n\t\t\ttextStyle : {\n\t\t\t\tfontSize: customFontSizehAxis,\n\t\t\t\tcolor: '#000'\n\t\t\t}\n\t\t},\n\t\tvAxis : {\n\t\t\ttextStyle : {\n\t\t\t\tfontSize: customFontSizevAxis,\n\t\t\t\tcolor: '#000'\n\t\t\t}\n\t\t},\n\t\tisStacked: true,\n\t\tcolors: [\"#6169AD\",\"#94CCC5\",\"#00ADB6\",\"#028977\",\"#C9DC5D\"],\n\t\tfontName: 'Merriweather Sans'\n\t};\n\n\tlet chart = new google.visualization.ColumnChart( \n\t\tdocument.getElementById( \"columnchart_values_bar6aef79d7e688a\" )\n\t);\n\n\t\n\tchart.draw(view, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawBarChartbar6aef79d7e688a( 12, 6 );\n\t} else {\n\t\tdrawBarChartbar6aef79d7e688a( 14, 14 );\n\t}\n} );\n<\/script>\n\n\n<div class=\"chart-container wide\">\n\t<div id=\"columnchart_values_bar6aef79d7e688a\" style=\"width:100%; height: 500px;\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignfull is-layout-flex wp-container-20\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-gray\"><h3 class=\"norfund-number-card__title\">Jobs<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">514<\/span><span class=\"symbol\">,000<\/span><\/div><p class=\"norfund-number-card__text\">in Norfund portfolio companies under Development Mandate<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-gray\"><h3 class=\"norfund-number-card__title\">Jobs created <\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">24<\/span><span class=\"symbol\">,500<\/span><\/div><p class=\"norfund-number-card__text\">new jobs created (net) in portfolio companies under Development Mandate<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-gray\"><h3 class=\"norfund-number-card__title\">Female employees<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">37<\/span><span class=\"symbol\">%<\/span><\/div><p class=\"norfund-number-card__text\">in Norfund portfolio companies under Development Mandate, a 10% net increase<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/development-mandate\/impact-development-mandate\/jobs-created\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about job creation and the Development Mandate here<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-new-electricity-capacity\">New electricity capacity<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-24\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-blue\"><h3 class=\"norfund-number-card__title\"> Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">1<\/span><span class=\"symbol\">,415 MW<\/span><\/div><p class=\"norfund-number-card__text\">financed in 2022<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-green\"><h3 class=\"norfund-number-card__title\">Climate Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">2<\/span><span class=\"symbol\">,433 MW<\/span><\/div><p class=\"norfund-number-card__text\">financed in 2022<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-norfund-number-card undefined has-color-default\"><h3 class=\"norfund-number-card__title\">Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">15.9<\/span><span class=\"symbol\"> TWh<\/span><\/div><p class=\"norfund-number-card__text\">electricity produced<br><sub>Almost equivalent to the combined annual electricity consumption of Kenya, Tanzania, and Uganda<\/sub><\/p><\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-co2\">CO2<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-28\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-blue\"><h3 class=\"norfund-number-card__title\">Development Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">10<\/span><span class=\"symbol\">\/6.3 million tonnes<\/span><\/div><p class=\"norfund-number-card__text\">Avoided annually from new renewable capacity since inception\/2022 portfolio<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-green\"><h3 class=\"norfund-number-card__title\">Climate Mandate<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">6.2<\/span><span class=\"symbol\"> million tonnes<\/span><\/div><p class=\"norfund-number-card__text\">Expected avoided emissions*<br><sub><sup>*Based on financed capacity and expected production, the expected avoided emissions are calculated to be 6.2mill tCO2e per year.<\/sup><\/sub><\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/development-mandate\/impact-development-mandate\/increased-energy-access-and-supply\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about energy and the Development Mandate<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/climate-mandate\/impact-climate-mandate\/increased-renewable-energy-supply-climate-mandate\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about increased renewable energy and the Climate Mandate<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-33\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-purple\"><h3 class=\"norfund-number-card__title\">New clients <\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">8.9<\/span><span class=\"symbol\"> million<\/span><\/div><p class=\"norfund-number-card__text\">offered financial services in 2022<br><sub>under the Development Mandate<\/sub><\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-purple\"><h3 class=\"norfund-number-card__title\">Total clients<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">32.1<\/span><span class=\"symbol\"> million<\/span><\/div><p class=\"norfund-number-card__text\">offered financial services  in 2022<br><sub>under the Development Mandate<\/sub><\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-purple\"><h3 class=\"norfund-number-card__title\">Increased lending<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">89<\/span><span class=\"symbol\"> BNOK<\/span><\/div><p class=\"norfund-number-card__text\">increase in total lending volume <br><sub>under the Development Mandate<\/sub><\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/development-mandate\/impact-development-mandate\/access-to-finance\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about access to finance<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignwide is-style-default is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-37\">\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-default\"><h3 class=\"norfund-number-card__title\">IRR in 2022<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">5.1<\/span><span class=\"symbol\">%<\/span><\/div><p class=\"norfund-number-card__text\">in investment currency  <br>14.8% in NOK<\/p><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<div class=\"wp-block-norfund-number-card undefined has-color-default\"><h3 class=\"norfund-number-card__title\">IRR since inception<\/h3><div class=\"norfund-number-card__number\"><span class=\"number\">5.1<\/span><span class=\"symbol\">%<\/span><\/div><p class=\"norfund-number-card__text\"> in investment currency <br> 8.1% in NOK<\/p><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<p>The IRR in 2022 is only calculated with Development Mandate investments included.<\/p>\n\n\n\n<p><sub><em>(The IRR for 2022 and since inception are both 5.1%, and is not a typo.)<\/em><\/sub><\/p>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/development-mandate\/financial-results\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about IRR and financial results<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-commitments-per-investment-area\">Commitments per investment area<\/h2>\n\n\n\n<div class=\"wp-block-group alignwide is-layout-flow\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-41\">\n<div class=\"wp-block-column is-layout-flow\">\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"h-total-portfolio-mnok\">Total portfolio (MNOK)<\/h3>\n\n\n<script type=\"text\/javascript\">\ngoogle.charts.load(\"current\", {packages:[\"corechart\"]});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonuttotalcommitments20226aef79d7e815c( 'bottom', 12, 12 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonuttotalcommitments20226aef79d7e815c( 'right', 15, 17 );\n\t} );\n}\n\nfunction drawChartdonuttotalcommitments20226aef79d7e815c( customLegendPosition, customFontSize, customSliceFontSize ) {\n\tlet data = google.visualization.arrayToDataTable([\n\t['Navn', 'Verdi'],['Renewable Energy', 9489],['Scalable Enterprises', 9080],['Financial Inclusion', 10786],['Green Infrastructure', 159],['Climate Fund', 2135]\t]);\n\n\t\tlet options = {\n\t\tpieSliceText: 'percentage',\n\t\tpieSliceTextStyle: {\n\t\t\tfontSize: customSliceFontSize,\n\t\t\tbold: true,\n\t\t},\n\t\tpieHole: 0.6,\n\t\tslices: [{\"color\":\"#94CCC5\"},{\"color\":\"#00ADB6\"},{\"color\":\"#6169AD\"},{\"color\":\"#028977\"},{\"color\":\"#C9DC5D\"}],\n\t\t\t\tlegend: {\n\t\t\t'position': 'bottom',\n\t\t\t'alignment': 'center',\n\t\t\ttextStyle: {\n\t\t\t\tfontSize: customFontSize,\n\t\t\t}\n\t\t},\n\t\tchartArea: { 'width': '100%', 'height': '80%' },\n\t\t\t\tfontName: 'Merriweather Sans',\n\t};\n\n\tlet chart = new google.visualization.PieChart(document.getElementById('donuttotalcommitments20226aef79d7e815c'));\n\n\t\n\tchart.draw(data, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawChartdonuttotalcommitments20226aef79d7e815c( 'bottom', 12, 12 );\n\t} else {\n\t\tdrawChartdonuttotalcommitments20226aef79d7e815c( 'right', 15, 17 );\n\t}\n} );\n\n<\/script>\n<style>\n#donuttotalcommitments20226aef79d7e815c svg g path {\n\tstroke-width: 4;\n}\n\n@media screen and (min-width: 800px) {\n\t#donuttotalcommitments20226aef79d7e815c {\n\t\twidth: 100%;\n\t\tmin-height: 500px;\n\t}\n}\n<\/style>\n\n<div id=\"donuttotalcommitments20226aef79d7e815c\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"h-in-2022-mnok\">In 2022 (MNOK)<\/h3>\n\n\n<script type=\"text\/javascript\">\ngoogle.charts.load(\"current\", {packages:[\"corechart\"]});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonutportfolio20226aef79d7e8aa3( 'bottom', 12, 12 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonutportfolio20226aef79d7e8aa3( 'right', 15, 17 );\n\t} );\n}\n\nfunction drawChartdonutportfolio20226aef79d7e8aa3( customLegendPosition, customFontSize, customSliceFontSize ) {\n\tlet data = google.visualization.arrayToDataTable([\n\t['Navn', 'Verdi'],['Renewable Energy', 1073],['Scalable Enterprises', 1518],['Financial Inclusion', 1809],['Green Infrastructure', 139],['Climate Mandate', 2135]\t]);\n\n\t\tlet options = {\n\t\tpieSliceText: 'percentage',\n\t\tpieSliceTextStyle: {\n\t\t\tfontSize: customSliceFontSize,\n\t\t\tbold: true,\n\t\t},\n\t\tpieHole: 0.6,\n\t\tslices: [{\"color\":\"#94CCC5\"},{\"color\":\"#00ADB6\"},{\"color\":\"#6169AD\"},{\"color\":\"#028977\"},{\"color\":\"#C9DC5D\"}],\n\t\t\t\tlegend: {\n\t\t\t'position': 'bottom',\n\t\t\t'alignment': 'center',\n\t\t\ttextStyle: {\n\t\t\t\tfontSize: customFontSize,\n\t\t\t}\n\t\t},\n\t\tchartArea: { 'width': '100%', 'height': '80%' },\n\t\t\t\tfontName: 'Merriweather Sans',\n\t};\n\n\tlet chart = new google.visualization.PieChart(document.getElementById('donutportfolio20226aef79d7e8aa3'));\n\n\t\n\tchart.draw(data, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawChartdonutportfolio20226aef79d7e8aa3( 'bottom', 12, 12 );\n\t} else {\n\t\tdrawChartdonutportfolio20226aef79d7e8aa3( 'right', 15, 17 );\n\t}\n} );\n\n<\/script>\n<style>\n#donutportfolio20226aef79d7e8aa3 svg g path {\n\tstroke-width: 4;\n}\n\n@media screen and (min-width: 800px) {\n\t#donutportfolio20226aef79d7e8aa3 {\n\t\twidth: 100%;\n\t\tmin-height: 500px;\n\t}\n}\n<\/style>\n\n<div id=\"donutportfolio20226aef79d7e8aa3\"><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n<div class=\"pdf-page-break\"><\/div>\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-commitments-per-region\">Commitments per region<\/h2>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-45\">\n<div class=\"wp-block-column is-layout-flow\">\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"h-total-portfolio-mnok-1\">Total portfolio (MNOK)<\/h3>\n\n\n<script type=\"text\/javascript\">\ngoogle.charts.load(\"current\", {packages:[\"corechart\"]});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonutgeographicalregions8211totalportfolio20226aef79d7e918d( 'bottom', 12, 12 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonutgeographicalregions8211totalportfolio20226aef79d7e918d( 'right', 15, 17 );\n\t} );\n}\n\nfunction drawChartdonutgeographicalregions8211totalportfolio20226aef79d7e918d( customLegendPosition, customFontSize, customSliceFontSize ) {\n\tlet data = google.visualization.arrayToDataTable([\n\t['Navn', 'Verdi'],['Africa', 20026],['Asia', 6978],['Latin America', 4624],['Global', 23]\t]);\n\n\t\tlet options = {\n\t\tpieSliceText: 'percentage',\n\t\tpieSliceTextStyle: {\n\t\t\tfontSize: customSliceFontSize,\n\t\t\tbold: true,\n\t\t},\n\t\tpieHole: 0.6,\n\t\tslices: [{\"color\":\"#375172\"},{\"color\":\"#A3B8D3\"},{\"color\":\"#7594BC\"},{\"color\":\"#F2F2F2\"}],\n\t\t\t\tlegend: {\n\t\t\t'position': 'bottom',\n\t\t\t'alignment': 'center',\n\t\t\ttextStyle: {\n\t\t\t\tfontSize: customFontSize,\n\t\t\t}\n\t\t},\n\t\tchartArea: { 'width': '100%', 'height': '80%' },\n\t\t\t\tfontName: 'Merriweather Sans',\n\t};\n\n\tlet chart = new google.visualization.PieChart(document.getElementById('donutgeographicalregions8211totalportfolio20226aef79d7e918d'));\n\n\t\n\tchart.draw(data, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawChartdonutgeographicalregions8211totalportfolio20226aef79d7e918d( 'bottom', 12, 12 );\n\t} else {\n\t\tdrawChartdonutgeographicalregions8211totalportfolio20226aef79d7e918d( 'right', 15, 17 );\n\t}\n} );\n\n<\/script>\n<style>\n#donutgeographicalregions8211totalportfolio20226aef79d7e918d svg g path {\n\tstroke-width: 4;\n}\n\n@media screen and (min-width: 800px) {\n\t#donutgeographicalregions8211totalportfolio20226aef79d7e918d {\n\t\twidth: 100%;\n\t\tmin-height: 500px;\n\t}\n}\n<\/style>\n\n<div id=\"donutgeographicalregions8211totalportfolio20226aef79d7e918d\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow\">\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"h-in-2022-mnok-1\">In 2022 (MNOK)<\/h3>\n\n\n<script type=\"text\/javascript\">\ngoogle.charts.load(\"current\", {packages:[\"corechart\"]});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonutgeographicalregions8211investmentsin20226aef79d7e96d7( 'bottom', 12, 12 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawChartdonutgeographicalregions8211investmentsin20226aef79d7e96d7( 'right', 15, 17 );\n\t} );\n}\n\nfunction drawChartdonutgeographicalregions8211investmentsin20226aef79d7e96d7( customLegendPosition, customFontSize, customSliceFontSize ) {\n\tlet data = google.visualization.arrayToDataTable([\n\t['Navn', 'Verdi'],['Africa', 3458],['Asia', 1749],['Latin America', 1307]\t]);\n\n\t\tlet options = {\n\t\tpieSliceText: 'percentage',\n\t\tpieSliceTextStyle: {\n\t\t\tfontSize: customSliceFontSize,\n\t\t\tbold: true,\n\t\t},\n\t\tpieHole: 0.6,\n\t\tslices: [{\"color\":\"#375172\"},{\"color\":\"#A3B8D3\"},{\"color\":\"#7594BC\"}],\n\t\t\t\tlegend: {\n\t\t\t'position': 'bottom',\n\t\t\t'alignment': 'center',\n\t\t\ttextStyle: {\n\t\t\t\tfontSize: customFontSize,\n\t\t\t}\n\t\t},\n\t\tchartArea: { 'width': '100%', 'height': '80%' },\n\t\t\t\tfontName: 'Merriweather Sans',\n\t};\n\n\tlet chart = new google.visualization.PieChart(document.getElementById('donutgeographicalregions8211investmentsin20226aef79d7e96d7'));\n\n\t\n\tchart.draw(data, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawChartdonutgeographicalregions8211investmentsin20226aef79d7e96d7( 'bottom', 12, 12 );\n\t} else {\n\t\tdrawChartdonutgeographicalregions8211investmentsin20226aef79d7e96d7( 'right', 15, 17 );\n\t}\n} );\n\n<\/script>\n<style>\n#donutgeographicalregions8211investmentsin20226aef79d7e96d7 svg g path {\n\tstroke-width: 4;\n}\n\n@media screen and (min-width: 800px) {\n\t#donutgeographicalregions8211investmentsin20226aef79d7e96d7 {\n\t\twidth: 100%;\n\t\tmin-height: 500px;\n\t}\n}\n<\/style>\n\n<div id=\"donutgeographicalregions8211investmentsin20226aef79d7e96d7\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-portfolio-since-inception\">Portfolio since inception<\/h2>\n\n\n\n<figure class=\"wp-block-image alignwide size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"756\" src=\"https:\/\/reports.norfund.no\/wp-content\/uploads\/sites\/5\/2023\/06\/Development_in_committed_portfolio-1024x756.png\" alt=\"\" class=\"wp-image-7903\" srcset=\"https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/06\/Development_in_committed_portfolio-1024x756.png 1024w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/06\/Development_in_committed_portfolio-300x221.png 300w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/06\/Development_in_committed_portfolio-768x567.png 768w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/06\/Development_in_committed_portfolio-1536x1134.png 1536w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/06\/Development_in_committed_portfolio-2048x1512.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n<div class=\"pdf-page-break\"><\/div>\n\n\n<h2 class=\"is-style-line wp-block-heading\">Norfund Key Performance Indicators (Development Mandate)<\/h2>\n\n\n\n<p>Five key performance indicators (KPIs) are developed as a tool to secure that the portfolio develops according to Norfund's mandate. The KPIs are all measured at the portfolio level, though also monitored year by year (see table below).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"816\" src=\"https:\/\/reports.norfund.no\/wp-content\/uploads\/sites\/5\/2023\/05\/KPIs-diagram-2023-002-1024x816.png\" alt=\"\" class=\"wp-image-7376\" srcset=\"https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/05\/KPIs-diagram-2023-002-1024x816.png 1024w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/05\/KPIs-diagram-2023-002-300x239.png 300w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/05\/KPIs-diagram-2023-002-768x612.png 768w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/05\/KPIs-diagram-2023-002-1536x1225.png 1536w, https:\/\/reports.norfund.no\/annualreport-2022\/wp-content\/uploads\/sites\/5\/2023\/05\/KPIs-diagram-2023-002-2048x1633.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n<div class=\"pdf-page-break\"><\/div>\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-gender-equality-in-norfund-s-investees-2022\">Gender equality in Norfund's investees 2022<\/h2>\n\n\n<script type=\"text\/javascript\">\n\ngoogle.charts.load(\"current\", {packages:['corechart']});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawBarChartbar6aef79d7ea082( 12, 6 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawBarChartbar6aef79d7ea082( 14, 14 );\n\t} );\n}\n\nfunction drawBarChartbar6aef79d7ea082( customFontSizehAxis = 14, customFontSizevAxis = 14 ) {\n\tlet data = google.visualization.arrayToDataTable([['data','Women (%)','Men (%)'],['BoD',21,79],['Senior management',30,70],['Employees',37,63],['Smallholder farmers',43,57],['Individual loan clients',78,22]]);\n\n\tlet view = new google.visualization.DataView(data);\n\n\t\n\tlet options = {\n\t\theight: 500,\n\t\tlegend: { position: 'bottom', alignment: 'end', maxLines: 3  },\n\t\tlegendTextStyle: { fontSize: 12, color: '#000' },\n\t\tbar: { groupWidth: '40%' },\n\t\tchartArea: {\n\t\t\ttop: '',\n\t\t\tright: '',\n\t\t\tbottom: '',\n\t\t\tleft: '',\n\t\t\twidth: '85%',\n\t\t\theight: '70%'\n\t\t},\n\t\twidth: '80%',\n\t\thAxis : {\n\t\t\ttextStyle : {\n\t\t\t\tfontSize: customFontSizehAxis,\n\t\t\t\tcolor: '#000'\n\t\t\t}\n\t\t},\n\t\tvAxis : {\n\t\t\ttextStyle : {\n\t\t\t\tfontSize: customFontSizevAxis,\n\t\t\t\tcolor: '#000'\n\t\t\t}\n\t\t},\n\t\tisStacked: true,\n\t\tcolors: [\"#375172\",\"#94CCC5\"],\n\t\tfontName: 'Merriweather Sans'\n\t};\n\n\tlet chart = new google.visualization.ColumnChart( \n\t\tdocument.getElementById( \"columnchart_values_bar6aef79d7ea082\" )\n\t);\n\n\t\n\tchart.draw(view, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawBarChartbar6aef79d7ea082( 12, 6 );\n\t} else {\n\t\tdrawBarChartbar6aef79d7ea082( 14, 14 );\n\t}\n} );\n<\/script>\n\n\n<div class=\"chart-container full\">\n\t<div id=\"columnchart_values_bar6aef79d7ea082\" style=\"width:100%; height: 500px;\"><\/div>\n<\/div>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-gender-equality-in-norfund-2022\">Gender equality in Norfund 2022<\/h2>\n\n\n<script type=\"text\/javascript\">\n\ngoogle.charts.load(\"current\", {packages:['corechart']});\n\nif ( screen.width < 800 ) {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawBarChartbar6aef79d7eaca3( 12, 6 );\n\t} );\n} else {\n\tgoogle.charts.setOnLoadCallback( () => {\n\t\tdrawBarChartbar6aef79d7eaca3( 14, 14 );\n\t} );\n}\n\nfunction drawBarChartbar6aef79d7eaca3( customFontSizehAxis = 14, customFontSizevAxis = 14 ) {\n\tlet data = google.visualization.arrayToDataTable([['data','Women (%)','Men (%)'],['Level 1',50,50],['Level 2',27,73],['Level 3',45,55],['Level 4',53,47],['Total',48,52],['New employees 2022',48,52],['BoD',56,44]]);\n\n\tlet view = new google.visualization.DataView(data);\n\n\t\n\tlet options = {\n\t\theight: 500,\n\t\tlegend: { position: 'bottom', alignment: 'end', maxLines: 3  },\n\t\tlegendTextStyle: { fontSize: 12, color: '#000' },\n\t\tbar: { groupWidth: '40%' },\n\t\tchartArea: {\n\t\t\ttop: '',\n\t\t\tright: '',\n\t\t\tbottom: '',\n\t\t\tleft: '',\n\t\t\twidth: '85%',\n\t\t\theight: '70%'\n\t\t},\n\t\twidth: '80%',\n\t\thAxis : {\n\t\t\ttextStyle : {\n\t\t\t\tfontSize: customFontSizehAxis,\n\t\t\t\tcolor: '#000'\n\t\t\t}\n\t\t},\n\t\tvAxis : {\n\t\t\ttextStyle : {\n\t\t\t\tfontSize: customFontSizevAxis,\n\t\t\t\tcolor: '#000'\n\t\t\t}\n\t\t},\n\t\tisStacked: true,\n\t\tcolors: [\"#375172\",\"#94CCC5\"],\n\t\tfontName: 'Merriweather Sans'\n\t};\n\n\tlet chart = new google.visualization.ColumnChart( \n\t\tdocument.getElementById( \"columnchart_values_bar6aef79d7eaca3\" )\n\t);\n\n\t\n\tchart.draw(view, options);\n}\n\nwindow.addEventListener( 'resize', () => {\n\tif ( screen.width < 800 ) {\n\t\tdrawBarChartbar6aef79d7eaca3( 12, 6 );\n\t} else {\n\t\tdrawBarChartbar6aef79d7eaca3( 14, 14 );\n\t}\n} );\n<\/script>\n\n\n<div class=\"chart-container wide\">\n\t<div id=\"columnchart_values_bar6aef79d7eaca3\" style=\"width:100%; height: 500px;\"><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-teft-link-list\"><div class=\"teft-link-list__items\">\n<div class=\"wp-block-teft-link-list-item\"><a class=\"teft-link-list-item__holder\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/responsible-investor\/gender\/\"><div class=\"teft-link-list-item__content\"><div class=\"teft-link-list-item__content-inner\"><div class=\"teft-link-list-item__content-wrapper\"><h3 class=\"teft-link-list-item__title\">Read more about gender<\/h3><\/div><\/div><\/div><\/a><\/div>\n<\/div><\/div>\n\n\n<div class=\"pdf-page-break\"><\/div>\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-key-figures-per-year\">Key figures per year<\/h2>\n\n\n<div class=\"norfund-advanced-table-block-container\"><div class=\"norfund-advanced-table-block-container-inner\"><table><thead><tr class=\"\"><th class=\"is-chars\">Key figures<\/th><th class=\"is-num\">2016<\/th><th class=\"is-num\">2017<\/th><th class=\"is-num\">2018<\/th><th class=\"is-num\">2019<\/th><th class=\"is-num\">2020<\/th><th class=\"is-num\">2021<\/th><th class=\"is-num\">2022<\/th><\/tr><\/thead><tbody><tr class=\"header\"><td class=\"is-chars\">Climate and Development Mandates<\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Committed portfolio (MNOK)<\/td><td class=\"is-num\">16 762<\/td><td class=\"is-chars\">20 439\t<\/td><td class=\"is-chars\">22 253\t<\/td><td class=\"is-chars\">24 944\t<\/td><td class=\"is-chars\">28 352\t<\/td><td class=\"is-num\">26 924<\/td><td class=\"is-num\">31 650<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">New investments (MNOK)<\/td><td class=\"is-chars\">2 784\t<\/td><td class=\"is-chars\">3 600\t<\/td><td class=\"is-chars\">3 511\t<\/td><td class=\"is-chars\">4 015\t<\/td><td class=\"is-chars\">4 839\t<\/td><td class=\"is-num\">5 320<\/td><td class=\"is-num\">6 513<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Number of direct investments in portfolio<\/td><td class=\"is-num\">124<\/td><td class=\"is-num\">136<\/td><td class=\"is-num\">149<\/td><td class=\"is-num\">163<\/td><td class=\"is-num\">170<\/td><td class=\"is-num\">195<\/td><td class=\"is-num\">226<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Capital allocated by the owner (MNOK)<\/td><td class=\"is-chars\">1 478\t<\/td><td class=\"is-chars\">1 500\t<\/td><td class=\"is-chars\">1 690\t<\/td><td class=\"is-chars\">1 905\t<\/td><td class=\"is-chars\">1 820\t<\/td><td class=\"is-num\">1 680<\/td><td class=\"is-num\">2680<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Number of employees in Norfund<\/td><td class=\"is-num\">69<\/td><td class=\"is-num\">71<\/td><td class=\"is-num\">75<\/td><td class=\"is-num\">82<\/td><td class=\"is-num\">96<\/td><td class=\"is-num\">111<\/td><td class=\"is-num\">113<\/td><\/tr><tr class=\"header\"><td class=\"is-chars\">Development Mandate<\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Committed portfolio (MNOK)<\/td><td class=\"is-num\">16 762<\/td><td class=\"is-chars\">20 439\t<\/td><td class=\"is-chars\">22 253\t<\/td><td class=\"is-chars\">24 944\t<\/td><td class=\"is-chars\">28 352\t<\/td><td class=\"is-num\">26 924<\/td><td class=\"is-num\">29 516<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">New investments (MNOK)<\/td><td class=\"is-chars\">2 784\t<\/td><td class=\"is-chars\">3 600\t<\/td><td class=\"is-chars\">3 511\t<\/td><td class=\"is-chars\">4 015\t<\/td><td class=\"is-chars\">4 839\t<\/td><td class=\"is-num\">5 320<\/td><td class=\"is-num\">4 540<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Return on invested capital (IRR)  (inv. currency)*<\/td><td class=\"is-num\">2.9%<\/td><td class=\"is-num\">14%<\/td><td class=\"is-num\">4.6%<\/td><td class=\"is-num\">6.3%<\/td><td class=\"is-num\">-0.1%<\/td><td class=\"is-num\">5.2%<\/td><td class=\"is-num\">5.1%<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Number of direct investments in portfolio<\/td><td class=\"is-num\">124<\/td><td class=\"is-num\">136<\/td><td class=\"is-num\">149<\/td><td class=\"is-num\">163<\/td><td class=\"is-num\">170<\/td><td class=\"is-num\">195<\/td><td class=\"is-num\">219<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">KPI: Share of investments in least developed countries<\/td><td class=\"is-chars\">33%\t<\/td><td class=\"is-chars\">36%\t<\/td><td class=\"is-chars\">41%\t<\/td><td class=\"is-chars\">40%\t<\/td><td class=\"is-chars\">39%\t<\/td><td class=\"is-num\">40%<\/td><td class=\"is-num\">37%<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">KPI: Share of investments in Sub Saharan Africa<\/td><td class=\"is-num\">52%<\/td><td class=\"is-chars\">50%\t<\/td><td class=\"is-chars\">55%\t<\/td><td class=\"is-chars\">53%\t<\/td><td class=\"is-chars\">53%\t<\/td><td class=\"is-num\">65%<\/td><td class=\"is-num\">63%<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">KPI: Share of greenfield investments<\/td><td class=\"is-chars\">20%\t<\/td><td class=\"is-chars\">27%\t<\/td><td class=\"is-chars\">32%\t<\/td><td class=\"is-chars\">31%\t<\/td><td class=\"is-chars\">25%\t<\/td><td class=\"is-num\">22%<\/td><td class=\"is-num\">25%<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">KPI: Share of equity and indirect equity<\/td><td class=\"is-chars\">85%\t<\/td><td class=\"is-chars\">85%\t<\/td><td class=\"is-chars\">81%\t<\/td><td class=\"is-chars\">79%\t<\/td><td class=\"is-chars\">79%\t<\/td><td class=\"is-num\">75%<\/td><td class=\"is-num\">74%<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">KPI: Renewable energy share of allocated capital &gt;50% (ended 2021)<\/td><td class=\"is-chars\">62%\t<\/td><td class=\"is-chars\">145%\t<\/td><td class=\"is-chars\">60%\t<\/td><td class=\"is-chars\">55%\t<\/td><td class=\"is-chars\">54%\t<\/td><td class=\"is-num\">40%<\/td><td class=\"is-num\">-<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">KPI: Renewable energy share of allocated capital &gt;60%<\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-num\">64%<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Number of jobs in portfolio companies<\/td><td class=\"is-chars\">276 000\t<\/td><td class=\"is-chars\">292 000\t<\/td><td class=\"is-chars\">304 000\t<\/td><td class=\"is-chars\">380 000\t<\/td><td class=\"is-chars\">377 000\t<\/td><td class=\"is-num\">452 000<\/td><td class=\"is-num\">514 000<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Taxes paid by portfolio companies (BNOK)<\/td><td class=\"is-num\">10.9<\/td><td class=\"is-num\">9.3<\/td><td class=\"is-num\">13.9<\/td><td class=\"is-num\">14.1<\/td><td class=\"is-num\">16.9<\/td><td class=\"is-num\">16.9<\/td><td class=\"is-num\">23.2<\/td><\/tr><tr class=\"header\"><td class=\"is-chars\">Climate Mandate<\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><td class=\"is-chars\"><\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Committed portfolio (MNOK)<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">2 135<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">New investments (MNOK)<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">2135<\/td><\/tr><tr class=\"regular\"><td class=\"is-chars\">Number of direct investments in portfolio<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">-<\/td><td class=\"is-num\">7<\/td><\/tr><\/tbody><\/table><\/div><\/div>\n\n\n<p id=\"h-the-irr-reported-for-2021-has-been-updated-due-to-information-received-after-the-reporting-period\"><sub><em>*The IRR reported for 2021 has been updated due to information received after the reporting period.<\/em><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the first time this year, Norfund reports on both the Development Mandate and the new Climate Mandate, as the Climate Investment Fund became operational starting in 2022. For some key figures such as commitments and investments we present both here, while on others such as certain development effects we report only on the Development [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"parent":1303,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"norfund_header_layout":"","norfund_header_layout_image_id":0,"norfund_header_layout_image_focal_point_x":0,"norfund_header_layout_image_focal_point_y":0,"norfund_header_layout_suptitle":"","norfund_header_layout_subtitle":"","norfund_header_layout_title":"","teft_cards_image_id":0,"teft_cards_image_focal_point_x":0,"teft_cards_image_focal_point_y":0,"teft_cards_title":"","teft_cards_excerpt":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key figures | Annual Report 2022<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reports.norfund.no\/annualreport-2022\/year-2021\/key-figures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key figures | Annual Report 2022\" \/>\n<meta property=\"og:description\" content=\"For the first time this year, Norfund reports on both the Development Mandate and the new Climate Mandate, as the Climate Investment Fund became operational starting in 2022. 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