Donor Co-Financing Assessment for New Country Strategy
5. Activities and Results Framework
European Bank
for Reconstruction and Development
Priority 3: Support energy diversification away from coal and promote low carbon transition
Key Objectives
Increase energy and
resource efficiency
Reduce GHG
emissions, promote
climate resilience
and the gradual
energy transition;
reinforce networks to
promote energy
resilience
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Activities
Continue and expand engagement with municipalities, including through the Green Cities
initiative (e.g. water, wastewater, district heating, public transport). Support capacity
building and provide technical assistance to assist implementation of green investments
by municipalities.
Continue investing in energy efficiency and support the renovation wave (e.g. residential
and public buildings, commercial property, regeneration, biomass/gas for agribusinesses),
including through intermediated products (e.g. GEFF, mortgage credit lines) and advisory
services.
Engage in policy dialogue, provide technical assistance and finance waste reduction and
waste management improvements (e.g. recycling), circular economy, and remediation of
polluted sites.
Pursue policy engagement and advocacy to enable market based solutions to increase
renewable energy in the fuel mix and the energy transition. Address issues highlighted by a
carbon border adjustment mechanism, and extend related advisory services where
appropriate.
Support investment in energy transmission, distribution and generation to enable expansion
of renewable energy sources and deepen market liberalisation and unbundling in line with
the EU Third Energy Package and other relevant policies and activities (e.g. EU Green Deal).
Explore potential to finance and support Just Transition, with a focus on coal regions and
the state-owned electricity companies and mines, including through advisory and policy
engagement, and addressing risks of economic exclusion through upskilling/ reskilling.
Support BiH plans to achieve its Nationally Determined Contributions, National Energy and
Climate Plan and align with the Paris Agreement, including in the area of diversification of
power and heat supply away from coal, including through financing renewables and selected
gas infrastructure.
Support and finance private sector energy transition, and promote green and climate
related disclosure, including in SOEs to enhance climate resilience.
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Tracking Indicators
(Outcomes)
Primary energy saved
(GJ/yr)
Water saved (million m3/yr)
Materials reduced/recycled
(tonnes/yr)
Number of Environmental
and Social Action Plans or
Green Cities Action Plans
implemented as targeted
Number/Volume of
GEFF/SEFF loans
Legal, institutional or
regulatory framework for
renewables improved
Renewable energy capacity
installed (MW, heat capacity)
CO2e emissions reduced/
avoided (tonnes/yr)
Impact Indicator: Value added from industry per unit of CO2 emissions from industry
Green
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