Environment

Bosnia to apply for IPA funds for environmental protection

Bosnia to apply for IPA funds for environmental protection

Photo: freeimages.com

Published

April 30, 2018

Comments

comments icon

0

Share

Published:

April 30, 2018

Comments:

comments icon

0

Share

Bosnia-Herzegovina (BIH) will apply for financing from the European Union IPA funds 2018 for environmental protection projects, BiH Foreign Trade and Economic Relations Minister Mirko Šarović said after a meeting of the Council of Ministers.

Minister Šarović said that Bosnia-Herzegovina will request a total of EUR 50 million and specified that EUR 20 million of the amount will be used to finance environmental protection projects while the remaining EUR 30 million will be invested in agriculture and the development of rural areas.

Most of the money for environmental protection projects will be invested in water resource support and the management of solid waste, Šarović said and added that the country’s leaders failed to reach an agreement on the agency which will be used to channel the money. The money will also be used to implement European Union environmental directives along with the management of waste water and solid waste.

Part of the money from the IPA funds will be used for mine clearing, a statement issued after the Council of Ministers session said.

Agreement for Zenica waste water project adopted 

The BiH Council of Ministers also adopted a draft agreement on the financing of a project to manage waste water in the Zenica area. That project will receive a grant of EUR 4.75 million from the government of Switzerland. The setting up of a system to collect, transport and treat communal waste water will be implemented by the German development bank KfW.

The Zenica town authorities received a grant from the KfW bank late in 2017 to finance a project to manage and separate communal from industrial waste water by separating the town from the industrial sewer network used by the local coal mine and Arcelor Mittal complex. The German bank secured EUR 18.3 million for a long-term solution to the problem through a project directly linked to a regional water supply project.

Representatives of the KfW bank visited Zenica early in March 2018 to meet with the local authorities and discuss plans to build a collector and waste water treatment plant. The construction of that plant and necessary infrastructure is planned to start early in 2019.

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

montenegro france afd loan spajic vukovic

Montenegro signs EUR 50 million loan agreement with France’s AFD

20 November 2024 - AFD will support Montenegro's reforms in waste management, renewable energy, sustainable forestry, and climate action

romania coal mines closure Jiu Valley

Romania gets nod for EUR 790 million in aid for coal mine closure

18 November 2024 - The coal mines are located in the Jiu Valley, Romania’s main coal region and one of the 20 coal regions in the European Union

Vucic Serbia wants Azerbaijan participate major gas power project

Vučić: Serbia wants Azerbaijan to participate in major gas power project

13 November 2024 - Serbian President Aleksandar Vučić said the government is starting talks with Azerbaijan to build a 1 GW gas power plant or two smaller ones

Landmark deal reached at COP29 on global carbon market

Landmark deal reached at COP29 on global carbon market

12 November 2024 - Countries participating in COP29 reached a consensus on standards for the creation of carbon credits in line with the 2015 Paris Agreement