GGF Impact Stories: Improving energy efficiency in Montenegro
The Green for Growth Fund (GGF), which was initiated as a public-private partnership in December 2009 by German development bank KfW and the European Investment Bank (EIB), surpassed major milestones in 2017, increasing the total financing it has provided to final borrowers to over EUR 600 million across more than 25,000 individual projects. The GGF […]
Energy efficiency measures save 5,056.3 GWh in Bulgaria
Between 2014 and 2017, Bulgaria saved 5,056.3 GWh of energy as a result of the implementation of energy efficiency measures in all sectors of its economy. The country has reached 60.7% of its 2020 national energy savings target, local media reported. The result was published in the annual report on the implementation of the National […]
17 students successfully complete the 14th Regional summer school on low emission development planning in Fojnica
The 14th Regional Summer School on Low Emission Development Planning, held in Fojnica, Bosnia and Herzegovina ended on July 6 with an award ceremony. The program was successfully completed by 17 participants of various educational and professional backgrounds, coming from South-East European countries and beyond. All participants were fully funded by the organizers. Participants included students […]
Returns on green investments are down, but so are costs
On the sidelines of the Green for Growth Fund’s (GGF) recently held Sustainable Future Forum and the grand finale of the clim@ pitching competition for startups, Christopher Knowles, who at the time served as chairman of the GGF, spoke to Balkan Green Energy News about the impact of innovative solutions, return on green investments, and […]
Parliamentary Assembly of BiH adopts recommendations for energy sector reform
The House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina has adopted recommendations for the energy sector reform, proposed by MPs Momčilo Novaković, Hanka Vajzović, Saša Magazinović, Predrag Kožul, Mirsad Isaković, Lazar Prodanović and Jasmin Emrić. Once entity governments consent, the Ministry of Foreign Trade and Economic Relations of BiH is to propose an […]
Montenegro gets EUR 6 million World Bank loan for energy efficiency
Montenegro plans to invest EUR 6 million in the implementation of energy efficiency measures at 18 health care facilities by 2023, as part of the Montenegro Energy Efficiency Project 2 (MEEP 2). The funds have been secured through a World Bank loan. The loan agreement was signed by Montenegrin Finance Minister Darko Radunović and the […]
Green for Growth Fund lends EUR 5 million more to Partner MCF to back energy efficiency measures
The Green for Growth Fund (GGF) has secured a fresh, EUR 5 million loan to Bosnia and Herzegovina’s third-largest microcredit institution, Partner Microcredit Foundation (Partner MCF), its longstanding partner, to finance energy efficiency measures. The energy efficiency measures to be financed with the senior loan investment are projected to result in annual primary energy savings […]
Tenders invited for energy efficiency reconstruction of 11 public buildings
The UNDP Bosnia and Herzegovina has invited companies to submit their bids for the energy efficiency rehabilitation works on 11 public buildings. All bids must be submitted no later than July 25. Construction, mechanical and electrical works sought for the energy efficiency reconstruction of 11 public buildings in BiH is part of the Green Economic […]