Agreement on Energy Efficiency Worth 3,7 million Euro Signed

Agreement on Energy Efficiency Worth 3,7 million Euro Signed

At the UN building in Sarajevo has been signed a 3.7 million-euro agreement on co-funding the project “Green Economic Development (GED)”, which will enable significant energy savings in public buildings across the country and implement a series of activities in the field of energy efficiency. This is an Agreement which includes the implementation of 45 projects,

At the UN building in Sarajevo has been signed a 3.7 million-euro agreement on co-funding the project “Green Economic Development (GED)”, which will enable significant energy savings in public buildings across the country and implement a series of activities in the field of energy efficiency.

This is an Agreement which includes the implementation of 45 projects, the introduction of EMIS in 5,000 public buildings and new “green” jobs by 2017.

Activities to be implemented in the period up to 2017 are of great importance for BiH, which spends 20 percent of its GDP on energy, which is three times more than in the EU countries.

UN Resident Coordinator in BiH Yuri Afanasiev said that the Agreement refers to the further development of activities that have already been being implemented for several years in order to increase energy efficiency and rationalization of energy management in order to reduce CO2 emissions and the introduction of an information system for energy management in public buildings (EMIS).

“Also, our goal is to recover from the flooding that occurred in Bosnia and Herzegovina in May this year, and I hope that any
large object will be energy efficient through this program, with low utility costs and safe for all,” said Afanasiev.

Afanasiev thanked the Ambassador of Sweden to BiH for the funds that the government of Sweden had provided for this agreement.

“This Agreement is part of a seven-year strategy on energy efficiency. Unfortunately, investments in this sector in BiH do not
yet exist, and they are one of the main drivers of the economy of the country,” said Swedish Ambassador to BiH Frederick Schiller.

The GED project is implemented by UNDP in cooperation with the Environmental Protection Fund of the Federation of BiH and the Environmental Protection and Energy Efficiency Fund of the Republic of Srpska.

“This year we have decided to focus our activities on the flooded areas so that in the future we have objects that will consume less energy, and therefore less budget funds,” said the Director of the Environmental Protection Fund FBiH Safet Harbinja.

He pointed out that within the rehabilitation projects one should take into account the prevention of damage from similar natural disasters that could hit us in the coming years and not only execute “mere rehabilitation”.

Renewable Energy Projects in Bosnia and Herzegovina

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