Subsequently a Danish Agribusiness Fund (DAF) was launched in 2016 and an SGD fund will be launched in 2017 (covering also water and sanitation related investments, in addition to climate and energy). The option of advancing on joint Nordic level (possibly making use of existing Nordic finance institution and through enhanced collaboration between Nordic DFIs) with similar initiatives (such as a Nordic Climate Investment Fund or Nordic SDG Fund) has been raised by several Nordic stakeholders. The consultations with Nordic stakeholders conducted during this study indicate an overall readiness for joint project pipeline development and de-risking initiatives.63 This raises the question of potentially more formal Nordic collaboration e.g. through the establishment of a Nordic Green Investment Bank (see below).