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GGF And MF Banka Boost Green Finance in Bosnia and Herzegovina
The Green for Growth Fund (GGF) has formed a new partnership with MF Banka in Bosnia and Herzegovina to expand access to green finance for small, and medium enterprises (SMEs). A senior loan of 5 million euros will be on-lent…
EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid
The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its core telecommunications systems. This will help TransCo improve…
Clean air saves lives!
Air pollution increases the risk of pneumonia. This is one of the leading causes of death among children under five years. By signing the #GreenAgenda, WB countries will have access to non-refundable grants that the EU committed for measures to…
EBRD and Donor-Funded Solar Plant Starts Operating in North Macedonia
The first large-scale solar plant in North Macedonia ‒ financed with the support of the European Bank for Reconstruction and Development (EBRD) and bilateral donors to the Western Balkans Investment Framework (WBIF) ‒ has been connected to the power grid…
Environmental Concerns Increase With Decision on Lifetime Extension of Tuzla 4 and Kakanj 5
On 24 March, the House of Peoples of the Parliament of the Federation of Bosnia and Herzegovina endorsed conclusions to cancel the application of the opt-out regime of the Large Combustion Plants Directive for two power plants, the TPPs Tuzla…
Director Lorkowski Urges Reforms to Ensure the Electricity Sector in Bosnia and Herzegovina is Ready for CBAM
Director Lorkowski delivered opening remarks at the Energy Summit in Neum this week. In his speech, he underlined that the current global energy crisis strengthened the case for a rapid energy transition and presented an additional reason for Bosnia and…
EIB Investments Reached 853 Million Euros in the Western Balkans in 2021, Increasing Support for Green and Digital Projects
The European Investment Bank Group (EIB), the bank of the European Union, invested 853 million euros overall across the Western Balkans in 2021 for sustainable development, the green transition, digitalisation and support for small businesses. Last year, the EIB invested 560…