A Kick-Off Meeting on “Study on Improving Activities Related to the Acquisition, Management and Use of Resources of Environmental Funds in BiH” Held in Sarajevo
On the 25th of March, United Nations Development Programme organised a kick-off meeting in Sarajevo on the topic of “Study on improving activities related to the acquisition, management and use of resources of Environmental Funds in BiH”. In addition to the representatives of UNDP the meeting was attended by the representatives of the Environmental Fund of the Federation of BiH, Environmental Protection and Energy Efficiency Fund of Republika Srpska and the legal, financial and energy and environment experts. The study aims to give directions for further actions on financial mechanisms development and enforcement within the Funds.
In order to achieve the goals, UNDP’s “Green Economic Development - GED” project implements activities with various government levels in BiH with the aim to institutionalize energy management in BiH and develop self-sustainable energy indicator reporting and energy efficiency financial mechanisms, which are essential for the enforcement of energy and environment related policies.
Due to cooperation on various projects with UNDP, the two Environmental Funds in BiH (Environmental Fund of the FBiH and Environmental Protection and Energy Efficiency Fund of RS) expressed their interest for technical and consultative support in further development of financial mechanisms within these two institutions in order to be able to better support environmental and energy efficiency projects in BiH.
During the past three years UNDP has made a significant improvement in promotion of Energy Efficiency. The focus was the introduction of energy efficiency in the public sector across Bosnia and Herzegovina by the implementation of replicable energy efficiency pilot projects and introducing EMIS (Energy Management Information System) into more than 1.300 public sector buildings. The Programme has been designed to achieve CO2 emission reduction, budget savings, reallocation of funds, employment opportunities – “green jobs” and to increase awareness and create understanding for energy efficiency and its resulting benefits.