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Green Economy Financing Facility

Energy efficiency funding in Bosnia and Herzegovina

Submitted by Baerbel Epp on May 11, 2018
Map: lonelyplanet.comThe Jugoslav Wars of the 1990s slowed down the rate of energy-related retrofits in the residential and public sectors of Bosnia and Herzegovina. Recently, however, the country has seen some improvement in the amount of funding available for clean heating technologies, such as solar thermal, biomass boilers and heat pumps. In early April, the European Bank for Reconstruction and Development, or EBRD for short, provided MKF Partner, a Bosnian microfinance institution, with EUR 5 million for low-interest loans and grants to make residential buildings more energy-efficient. It was the second time the EBRD had allocated funding to financial institutions in the country. Last November, EUR 17 million went to three Bosnian banks, as part of the EBRD’s Green Economy Financing Facility. 
Map: lonelyplanet.com

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