Donor Co-Financing Assessment for New Country Strategy slide image

Donor Co-Financing Assessment for New Country Strategy

1. Implementation of Previous Strategy (2017-2021) 1.1. Key Transition Results European Bank for Reconstruction and Development Priority 2: Support development of key transport and energy cross-border links with a view to promote integration with the region while enhancing resilience of the economy CROATIA Bihać Corridor Vc Prijedor Slavonski Brod Svilaj Banja Luka • BOSNIA AND HERZEGOVINA Zenica Mostar Ploče Bijača Brčko Tuzla SERBIA Sarajevo Goražde MONTENEGRO Key Transition Results • As part of our commitment to Corridor Vc, the flagship European transport corridor that will significantly enhance connectivity in BiH, signed new loans for a total of €460m, and continued providing implementation support. Worked on new potential transactions for final sections of Corridor Vc, involving local banks in financing for the first time. Disbursements amounted to €117m in 2020 and €78.6m in 2021 alone, and continue to grow, demonstrating significant progress despite the pandemic. Advanced implementation of the climate resilient FBiH Roads project, which will upgrade and modernise trunk roads. Completed ESIA for Southern Gas Interconnector (BiH to Croatia), with follow-on discussions with stakeholders to support BiH in improving energy security, air quality and advancing on its decarbonisation path. • Extended policy dialogue to the Government on decarbonisation and energy sector reform. Launched Gender in Construction Programme with two state-owned motorway companies, including Gender Action Plans. FBiH (2015) BH Corridor Vc 2 in Corridor Vc in RS - Part 1 (2017) Corridor Vc in FBiH - Part 3 (2018) Integrated *Integrated Well governed Fuel levy increase; Procurement certification (CIPS); Road Safety Standards; Well governed Fuel levy increase; Procurement (CIPS) and ISO 9001 / ISO 14001 certification Integrated Inclusive Promotion of inclusive procurement practices; skills and training opportunities for young people Corridor Vc - Doboj bypass (2019) Integrated Resilient Improvement of planning and execution of maintenance activities Priority 3: Support energy efficiency and renewable energy generation, while helping municipalities upgrade quality of services to promote Green Economy Green Economy Transition 250 200 150 100 50 2,000 1,600 1,200. 800 400 0 0 2017 2018 2019 2020 2021 Primary Energy Saved (TJ/year, RHS) CO2e Emission reductions (ktonnes/year, LHS) * Before change to new Transition Qualities • Key Transition Results Three BiH cities joined the Bank's Green City Initiative. GCAPS fully approved in the city of Zenica, Banja Luka and Sarajevo; Mostar and Brcko District expressed interest in preparation of GCAP. Prepared two projects for Energy Efficiency in Public Buildings under the Green Cities Initiative. Invested €18m into the modernisation of an existing industrial combined heat power plant substituting the use of coal and providing reliable and cleaner district heating to the adjacent City of Zenica. Continued support to a private client to successfully implement renewable District Heating services in Banja Luka. Continued implementation of power distribution and system operation investments in the electricity sector to reduce losses and strengthen grid management. • Provided €13m through GEFF facilities for residential energy efficiency improvements. • Signed a landmark hospital energy efficiency project for €10m in Zenica, including a gasification component. • Provided €45m in financing for three separate investments into greener, more efficient public transport in Sarajevo Canton. Strengthened energy efficiency regulations and standards through the Regional Energy Efficiency Programme, ten policy deliverables were completed in total in both entities, and the formal adoption of the secondary legislation is pending broader legislative reforms which are imminent. Signed €10m investment in two loans for the improvement of sustainable water services in Banja Luka, this being also the first commercial loan in the municipal sector. PUBLIC 6
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