Mobility

Sarajevo gets EUR 35 million in loans for greener public transport

Sarajevo-EUR-35-million-loans-public-transport

Photo: Pixabay

Published

February 6, 2020

Comments

0

Share

Published:

February 6, 2020

Comments:

0

Share

The Ministry of Finance and Treasury of Bosnia and Herzegovina and the EBRD have signed two loan agreements supported under the lender’s Green Cities program for public transport in Sarajevo.

The investments will help Sarajevo, one of the cities that have the most polluted air not only in the region but in the entire world, to tackle this problem. The projects will reduce CO2 emissions by more than 30% in the capital of BiH.

The projects will reduce CO2 emission by more than 30%

A EUR 20 million loan will finance the overhaul of the 19.5 km-long dual-track tramline run by the cantonal public transport operator Gradski saobraćaj (GRAS).

The current tram network is almost 50 years old and with no major improvements in decades, it has deteriorated significantly. New tracks will improve the network and enable the purchase of new, cleaner trams, according to the EBRD website.

EUR 15 million loan will allow GRAS to buy up to 25 new electric trolleybuses

The second loan, of up to EUR 15 million, will allow GRAS to buy up to 25 new electric trolleybuses. The upgraded trolleybus fleet will also consume approximately 50% less electricity, resulting in significant cost savings and environmental benefits, the bank said.

EBRD Green Cities supports local authorities in urban areas in addressing environmental issues and improving the quality of life of their residents. All participants embark on a trigger project to improve their local environment.

37 cities including Belgrade, Izmir, Novi Sad, Sofia and Tirana have signed up to EBRD Green Cities

Then, with EBRD’s help, they develop a green city action plan (GCAP), creating a tailor-made list of further environmental investments and policy changes that will address their environmental challenges.

Sarajevo Canton joined the program in May 2017. The GCAP has identified investment in urban public infrastructure as one of the priorities.

Sarajevo is the third city in BiH to become a member of EBRD Green Cities

Sarajevo is the third member of EBRD Green Cities in BiH, after Banja Luka and Zenica. The program also includes investments in the water supply network.

To date, 37 cities in all regions where the bank operates– including cities in the region Belgrade, Craiova, Izmir, Novi Sad, Podgorica, Pristina, Pula, Skopje, Sofia, Tirana, and Varna, have signed up to EBRD Green Cities and more action plans are under preparation. The network is also supported by the Green Climate Fund.

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

Vjosa Forever, credit_ Andrew Burr

Vjosa Forever film release: Future of Europe’s largest unspoilt river hangs in balance

03 March 2021 - Ahead of the upcoming parliamentary elections, citizens are demanding political support for the establishment of Europe’s first wild river national park.

TPP-Plomin-HEP-Croatia-coal

Environmental organizations urge Croatia to stop burning coal, sue ministry over TPP Plomin 1

02 March 2021 - At a time when many EU countries are working on coal phase-out, Croatia is planning to overhaul coal-fired TPP Plomin 1.

Belgrade EUR 5 2 billion green development 2030

Belgrade earmarks EUR 5.2 billion for green development by 2030

02 March 2021 - The draft Green City Action Plan and Sustainable Energy and Climate Action Plan of Belgrade include investments of EUR 5.2 billion until 2030

protest permit for small hydropower plant Rakita

Activists preparing for protest if permit for small hydropower plant in Rakita isn’t scrapped

01 March 2021 - The ORSP movement will hold a protest if the Government of Serbia doesn't annul the license for the SHPP in Rakita village by March 7