Energy Efficiency

New EUR 5 million loan for energy efficiency in BiH

Photo: Pixabay

Published

April 3, 2018

Comments

comments icon

0

Share

Published:

April 3, 2018

Comments:

comments icon

0

Share

A loan of up to EUR 5 million is now available to individuals, residents’ associations, producers, service providers, suppliers and vendors of green technologies for energy efficiency investments in residential sector.

The funds are provided by European Bank for Reconstruction and Development (EBRD) and will be distributed through services of MKF Partner, a microfinance institution in Bosnia and Herzegovina.

“The finance is secured under the bank’s EUR 85 million Green Economy Financing Facility (GEFF) for the Western Balkans. Incentives and technical cooperation in support of green technology investments will be provided by the European Union (EU), Austrian Federal Ministry of Finance and the European Western Balkans Joint Fund under the Western Balkans Investment Framework,” the EBRD said in a statement.

According to bank, EUR 5 million will be lended to individuals, residents’ associations, producers, service providers, suppliers and vendors of green technologies for investments that modernise existing housing stock and support the implementation of sustainable energy technologies.

The new EUR 5 million loan follows a previous investment, made in 2017, making a total of EUR 22 million available towards green residential loans in Bosnia and Herzegovina. In June last year EBRD secured two loans for the housing energy efficiency projects.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment

Related Articles

Romanian town Beius geothermal distring heating 100

Romanian town Beiuș to boost geothermal distring heating to 100%

04 April 2025 - The local authority in Beiuș, a trailblazer in geothermal district heating in Romania, should apply for European funding to reach full coverage

Share coal power Finland nearly zero cogeneration plant shuts down

Share of coal power in Finland nearly zero as cogeneration plant shuts down

03 April 2025 - The now closed Salmisaari coal plant accounted for just 0.8% of the electricity mix in Finland together with three remaining ones

Filipe Araùjo, Deputy Mayor of Porto, Portugal and Vice President of Energy Cities, one of EUSEW partner organisations

Building resilient cities: how to align competitiveness and sustainability in Europe’s energy transition?

24 March 2025 - With the new EU Institutions taking office, it seems that the main discourse has shifted from the EU Green Deal to competitiveness. This new narrative presents both a challenge and an opportunity for European cities

Vote LUCE Awards champion women s pivotal roles green transition

Vote at LUCE Awards to champion women’s pivotal roles in green transition

19 March 2025 - LUCE Awards celebrates the outstanding contributions and achievements of women leading the way in the green transition