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 […]
GGF provides EUR 1 million loan to MI-BOSPO for energy efficiency in BiH
The Green for Growth Fund (GGF) has secured a senior loan of EUR 1 million to MI-BOSPO to promote energy efficiency among microbusinesses and private households in Bosnia and Herzegovina (BiH). MI-BOSPO is a microcredit institution committed to expanding green finance to otherwise underserved customers, and which promotes energy efficiency measures among these customers with […]
Zubax Robotix wins PowerUp! 2018
Zubax Robotix from Estonia is the winner of this year’s edition of the international PowerUp! competition for cleantech startups with the technology allowing electric vehicles (especially aircraft) to travel farther using less energy from the battery. Zubax was awarded EUR 30,000 and a chance to be invited to the prestigious InnoEnergy Highway accelerator, the organizer […]
Montenegro starts phasing out inefficient incandescent light bulbs
Montenegro has launched a phase-out of traditional filament incandescent light bulbs starting with the highest wattage – 100-watt conventional incandescent light bulbs and above, as part of a new legal framework introducing the EU’s ecodesign requirements for a range of energy-using and energy-related products. The rulebook to progressively ban conventional incandescent light bulbs in favor […]


