For 65 environmental protection projects will be allocated 4.9 million KM

For 65 environmental protection projects will be allocated 4.9 million KM

The Management Board of the Environmental Protection of the Federation of Bosnia and Herzegovina has at the 2nd session held on 07.27. 2016 in Sarajevo issued a significant decision for the further operation of the Fund. Among other things, adopted the "Decision on the selection of beneficiaries of the Fund on the basis of announced public competition for the allocation of funds for the implementation of programs, projects and similar activities in the field of environmental protection for 2016 - 2016 JP / I". Resources in the amount of 4.9 million KM will be awarded for the implementation of 65 projects, said the Fund.

On this occasion, was adopted the “decision to call a public tender for the allocation of funds from the revolving fund to finance energy efficiency projects for the year 2016”.

The funding provided in the amount of up to 2 million have been allocated according to the type of user and the type of activity, namely: half a million for projects implementing energy efficiency measures in non-residential (public) facilities, and a million and a half of KM projects measure energy efficiency in non-residential (commercial ) facilities and industrial processes.

Also, at the aforementioned meeting of the Board of Directors approved the calling of “public competition for the allocation of funds for the implementation of programs and projects in the field of environmental protection for 2016/2” totaling up to 5.7 million.

– In the past month we have carried out all the activities to continue the smooth implementation of strategic projects for environmental protection, which will be financed by the Fund. These are projects of water protection of importance for the Federation of Bosnia and Herzegovina, as well as environmental protection projects supporting the development of local communities, continuation of the project of establishing a federal network for monitoring air quality in urban areas which have significant industrial activity and / or population greater than 50,000, and a number of other projects in the field of energy efficiency, waste management, protection and remediation of soil, environmental programs at inter-entity cooperation, the nature of which relate to the assessment of the status of species and habitats in accordance with the IUCN standards, etc. – On this occasion, said Chairman of the Board of the Environmental Protection FBiH, Pero Goluža.

– For the first time, in collaboration with international and national institutions, we have established a new financing mechanism that offers users, which will contribute to a significant investment in the area of energy efficiency and renewable energy sources. This revolving fund provides extremely favorable financing conditions and we are confident that users of our funds, to mutual satisfaction, recognize the benefits of this financial mechanism, and the Fund as a long-term strategic partner for the future financing of EE projects – said the director of the Environmental Protection Fund FBiH, Fuad Čibukčić.

Renewable Energy Projects in Bosnia and Herzegovina

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