The Challenges of Financing Energy Efficiency Projects

The Challenges of Financing Energy Efficiency Projects

Yesterday, in Sarajevo, USAIDs roundtable took place with representatives of banks on the topic: “Challenges of financing energy efficiency projects”. USAID’s Energy Efficiency Economy (3E) was launched to promote the technologies of energy efficiency (EE) in buildings and through pilot projects financed by public and private sector in BiH.  The main component of 3E project

Yesterday, in Sarajevo, USAIDs roundtable took place with representatives of banks on the topic: “Challenges of financing energy efficiency projects”.

USAID’s Energy Efficiency
Economy (3E) was launched to promote the technologies of energy efficiency (EE)
in buildings and through pilot projects financed by public and private sector
in BiH.
 

The main component of 3E project is an implementation of ten pilot
projects throughout BiH, and support collaboration of private and public sector
initiatives and energy efficiency technologies.
 

The round table brought together representatives of the banks in
the discussion on the role of banks in promoting market development of energy
efficiency by offering special loans, so-called
 Green and EE loans and other financial systems designed for retail
lending, public and private sectors and companies in the implementation of EE
measures in their homes and business premises.
 

Availability of EE credit lines is one of the prerequisites for
increasing demand of EE products and services and the dynamic market
development of energy efficiency.
 

Currently in BiH, there is a limited supply of these credit lines
of or funding to increase energy efficiency.
 

Therefore 3E project present the market potential for financing of
EE projects in BiH, has shown an example of similar products in the markets of
neighboring countries and sought the opinion of the participants from the
banking sector about what prevents them from entering the market with EE credit
lines and products.
 

Together with representatives of USAID and the organizers of BiH,
USAID 3E project, the roundtable was attended by representatives of the
Raiffeisen bank, Unicredit, Volksbank, Intesa Sanpaolo, Sparkasse Bank,
ProCredit, Hypo Alpe Adria, the New Bank, NLB Development Bank, Turkish Ziraat
Bank and FIMA.




Renewable Energy Projects in Bosnia and Herzegovina

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