The EBRD, the European Union (EU) and the Austrian Federal Ministry of Finance have launched a joint programme to support energy efficiency investment in the residential housing sector in Bosnia and Herzegovina. The EBRD has committed a total of €17 million to Unicredit Bank Mostar, Unicredit Bank Banja Luka and Sparkasse Bank, which the banks will use to on-lend to clients investing in energy efficiency projects in residential buildings.
“This financing will lead to meaningful improvements in the daily lives of people in Bosnia and Herzegovina: these investments will allow them to save money through lower energy bills, while also ensuring that their homes are more comfortable,” said Ian Brown, the EBRD’s Head of Office in Sarajevo. “In addition, it will contribute significantly to our goal of building a greener future for the country and the region.”
Read the full story here.