1st Consultative Meeting of the Executive Board of the DNA

1st Consultative Meeting of the Executive Board of the DNA

On September 26, 2011 in Banja Luka, in the Ministry of Physical Planning, Civil Engineering and Ecology of Republic of Srpska (UNFCCC Focal Point for BiH) the First meeting of the Executive Board of the Designated National Authority, where Bosnia and Herzegovina has officially established the DNA body for the implementation of Clean Development Mechanism

On September 26, 2011 in Banja Luka, in the Ministry of Physical Planning, Civil Engineering and Ecology of Republic of Srpska (UNFCCC Focal Point for BiH) the First meeting of the Executive Board of the Designated National Authority, where Bosnia and Herzegovina has officially established the DNA body for the implementation of Clean Development Mechanism (CDM) projects under the Kyoto Protocol.

During the session, the Executive Board has adopted the Rules of Procedure of the DNA in B&H, which precisely defines the body, as well as procedures and deadlines necessary for the evaluation and approval of potential CDM projects by this body.

The main purpose of the Clean Development Mechanism (CDM) is to assist developing countries (countries not in the Annex I – which include BiH) to develop the principle of sustainable development, at the same time helping industrialized countries (Annex I Parties of the UNFCCC) in the exercise of their duties for the reduction of emissions of greenhouse gases (GHGs).

The formation of DNA enabled are the primary conditions for attracting foreign investment in Bosnia and Herzegovina by the industrialized (Annex I) of the Convention member countries through investment in our priority sectors (such as energy, chemical industry, etc.), allowing them to develop the principles of sustainable development using green technologies. Furthermore, this opens opportunities for potential increase in money transfers to Bosnia and Herzegovina, the modernization of industry and job creation.

The way in which Bosnia and Herzegovina can benefit from Clean Development Mechanism is reflected in the fact that we have the ability to:

v  further develop the market for energy efficiency and renewable energy sources;

v  gain access to modern technology;

v  attract foreign direct investment through a range of environmentally friendly projects to all stakeholders;

v  insure infrastructure development, increase GDP and increase employment;

v  improve air quality and environment, and offer diversified energy sources in order to become less dependent on supplies of fossil fuels.

Also, we can say that from now on Bosnia and Herzegovina is able to, through the development of potential CDM projects and presenting them to stakeholders, contribute to reducing emissions of greenhouse gases (GHG) emissions on a global level, and that started activities to meet one of priorities of the Stabilization and Association Agreement, which is an implementation of the Kyoto Protocol.

Some of the potentials for reducing GHG emissions in Bosnia and Herzegovina are:

v  Increasing energy efficiency, since B&H has a higher energy intensity than its neighboring countries;

v  The construction of mini hydro power plants (up to 20 MW) hydropower potential utilization of less than 50%;

v  The use of biomass, the annual logging about 5 million m3;

v  been under consideration for production of energy waste;

v  The use of wind energy;

v  Using the power of thermal waters.

Projects that are environmentally beneficial, socially acceptable and which contribute to progress are taken into account (ie the reduction of GHG emissions) relative to the current practice in the host country.

The next step that is necessary to undertake in the CDM is to develop policies to encourage production and use of energy from renewable sources with international support, through the development of appropriate guidelines for entrepreneurs and companies that have large emissions of greenhouse gases in Bosnia and Herzegovina.

Renewable Energy Projects in Bosnia and Herzegovina