GGF_Green Journey campaign_Green for Growth Fund_green financing
Energy Efficiency

EUR 642,000 worth of contracts signed for retrofits of three schools in Sarajevo Canton

Photo: Sarajevo Canton

Published

November 6, 2018

Comments

0

Share

Published:

November 6, 2018

Comments:

0

Share

As part of the Energy Efficiency in Bosnia and Herzegovina project, implemented by the Ministry of Spatial Planning of the Federation of Bosnia and Herzegovina and financed with the World Bank’s loan, energy efficiency measures will be introduced in three educational institutions in the Sarajevo Canton.

More than BAM 1.25 million (around EUR 642,000) will be invested in the reconstruction of these facilities.

Energy efficiency measures will be introduced in Sarajevo schools Srednja elektrotehnička, Peta osnovna (Ilidža), and Izet Šabić in accordance with international standards in the field of energy efficiency, the Sarajevo Canton said on its website.

Spatial Planning Minister Josip Martić and representatives of Mostar-based JV Promark and ZT Tehnozaštita have signed the contracts on the retrofit of these schools.

Construction works will include window and door replacement, thermal insulation, roof repair, installation of boilers for using a new energy source, and replacement of existing LED lighting, which will improve the learning and working conditions of the students and employees in these educational institutions.

The retrofits are expected to secure significant energy cost savings, as well as CO2 emission cuts.

Successful cooperation with the Government of the Sarajevo Canton has resulted in the reconstruction of 10 facilities in the past year, said Martić, noting that the goal is to emphasize the advantages of energy efficiency, which include the improvement of comfort in facilities, as well as long-term energy cost savings.

New USD 32 million loan approved

The World Bank recently approved a new USD 32 million loan for energy efficiency measures in schools and hospitals in BiH.

This additional funding follows the original, USD 32 million package the World Bank approved in March 2014, with more than 60 schools and hospitals retrofitted, providing better conditions for 500,000 students and patients.

Electricity consumption in renovated buildings has been reduced by up to 60%, creating energy savings of over 512,000 MWh, and CO2 emissions reduction by 189,000 metric tons, which is the equivalent of pollution from around 2,000 cars.

BiH has around 7,600 public buildings, which are estimated to require energy efficiency investments of between EUR 350 million and EUR 510 million.

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

Germany new ruling coalition aims phase out coal nine years

Germany’s new ruling coalition aims to phase out coal in nine years

25 November 2021 - The cabinet led by Olaf Scholz will phase out coal "ideally" by 2030, compared to the current 2038 deadline, the coalition deal reveals

EUKI funding climate action projects conditions

EUKI offers funding for climate action projects – here are the conditions

25 November 2021 - Nonprofits can apply for up to EUR 1 million from the European Climate Initative (EUKI) with transformative cross-border projects

GGF Impact Stories Microfinance Partner energy efficiency

GGF Impact Stories: microfinance provider Partner expands energy efficiency portfolio in BiH

19 November 2021 - With the GGF's assistance, Partner became one of the largest microlending institutions in Bosnia and Herzegovina

Kosovo renewables share 30 by 2031 50 mid century

Kosovo* to adopt renewables share targets for 2031, 2050

19 November 2021 - Minister of Economy Artane Rizvanolli said the government aims to raise the share of renewables in power consumption to between 25% and 30% by 2031