Water

Banja Luka to invest EUR 4 million in water supply under Green Cities framework

Photo: Pixabay

Published

September 18, 2019

Comments

0

Share

Published:

September 18, 2019

Comments:

0

Share

Banja Luka has secured a EUR 4 million loan from the European Bank for Reconstruction and Development (EBRD) to finance improvements to the municipal water supply network under lender’s Green Cities framework.

The framework represents a strategic approach to address environmental and sustainability concerns through a combination of investments in municipal infrastructure and energy and policy measures, the EBRD said in a press release on the Banja Luka investment.

The framework represents a strategic approach to address environmental and sustainability concerns

The EBRD loan is part of a wider investment program by the Republika Srpska municipality, of up to EUR 10 million, to rehabilitate and expand its water and sewerage network. In August 2018, Banja Luka Mayor Igor Radojičić and the EBRD representative Josip Polić signed a letter of intent concerning a loan of up to EUR 10 million for the primary and secondary water supply network.

Banja Luka joined the Green Cities framework in September 2018 and an investment in the local district heating network was made soon afterward.

The new investment is a result of the joint work on a Green City Action Plan, which identified the inadequate water supply as one of the urgent priorities to be addressed. In September 2018, the City of Banja Luka started preparing its Green City Action Plan.

The plan is scheduled to be adopted by the city by the end of 2019, the EBRD said.

In BiH alone, Banja Luka, Sarajevo Canton and Zenica have joined EBRD Green Cities so far

Launched in 2016, the EBRD Green Cities offers support to help cities address their environmental issues and improve the quality of life of their residents. To date, more than 30 cities in the EBRD regions have signed up to the program. In BiH alone, Banjaluka, Sarajevo Canton and Zenica have joined EBRD Green Cities so far.

In September 2018, the City of Zenica held a presentation to mark the launch of work on developing the Green City Action Plan, as part of efforts to make one of the most polluted cities in Europe greener and more environmentally friendly.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Mitsotakis Greece EUR 2 billion fund decarbonization islands

Mitsotakis: Greece to launch EUR 2 billion fund for decarbonization of islands

19 April 2024 - Prime Minister Kyriakos Mitsotakis said Greece would create a special fund for islands of up to EUR 2 billion for phasing out fossil fuels

World Water Day 2024, Water for peace

World Water Day 2024: Water for Peace

21 March 2024 - World Water Day has been observed every March 22 since 1993, when the UN introduced it. This year, the theme is Water for Peace.

Serbia green bond transport water wastewater

Serbia spends most of green bond proceeds in transport, water, wastewater sectors

27 January 2024 - Serbia has allocated all the funds from its first green bond issue, according to the final report. The transport sector accounted for 36.7%.

vucic lithium rio tinto expo 2027 solar bistrica

Vučić: Major energy projects to commence; new Government of Serbia to decide on Rio Tinto’s lithium project

21 January 2024 - President of Serbia Aleksandar Vučić presented a development program for the period until the Specialized Expo 2027 exhibition in Belgrade