www.eco-finance.org: Information for providers, users and analysts of environmental finance

Eco-finance in Bosnia & Herzegovina

Domestic public finance

The Environmental Fund of the Federation of Bosnia and Herzegovina (EFFBiH) was legally established in 2003. Since 2006, revenues have been allocated to the Fund. View institutional profile. View EFFBiH Statute (English). View EFFBiH Law and Statute (local language).

The Environment Protection Fund of Republika Srpska (EFRS) was legally established in 2002. Since 2008, revenues have been allocated to the Fund. View institutional profile. View EFRS Law and Statute (English). View EFRS Law and Statute (local language).

International, foreign sources

Below please find links to foreign and international institutions providing finance for environmental and/or water infrastructure projects. Bilateral mechanisms and institutions are listed first (in alphabetical order), followed by multilateral institutions.

In South East European countries, the Canadian International Development Agency (CIDA) currently supports multilateral projects in the areas climate change and environment & security. Details on the CIDA website.

Czech Development Agency: view website.

The Danish Carbon Program offers carbon finance. For details visit the dedicated website. So far, Danish Carbon has no projects yet in Bosnia and Herzegovina.

The Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ) public-private partnership program (PPP): view website.

The Dutch Agency for International Business and Cooperation (EVD) operates a "Program for Technical Cooperation with Emerging Markets (PSOM)" that supports Dutch companies investing in emerging markets (environmental criteria are applied in procedures): view website.

The Finnish Carbon Procurement Programme (Finnder) offers carbon finance. For details visit the Finnder website. So far, Finnder has no projects yet in Bosnia and Herzegovina.

Fonds Français pour l'Environnement Mondial: view website.

Japan Bank for International Cooperation (JBIC): "Economic Cooperation (ODA) loans" are available to the public sector or to financial intermediaries in developing and transition countries, to assist in the development of key social and economic infrastructures, including for example effective use of water and energies. View website.

KfW Entwicklungsbank provides loans and other finance for infrastructure / environmental projects: view website

Netherlands Development Organization (SNV): view website.

Portuguese Institute for Development Support (IPAD): view website.

Spanish Agency for International Development Cooperation: view website.

Swiss Cooperation Office in Bosnia and Herzegovina (see water program): view website.

Turkish International Cooperation and Development Agency (TICA): view website.

United States Agency for International Development (USAID) in Bosnia and Herzegovina: view website.

European Bank for Reconstruction and Development (EBRD): EBRD energy efficiency and climate change finance; EBRD/EIB Multilateral Carbon Credit Fund (MCCF); EBRD municipal and environmental infrastructure finance; EBRD renewable energy finance; EBRD TAM/BAS programme (TAM/BAS stands for "Turn Around Management and Business Advisory Services"; program includes environmental components).

European Investment Bank (EIB): overview on loans offered by the EIB; examples of finance contracts signed; current project pipeline ("projects to be financed"). See also: EBRD/EIB Multilateral Carbon Credit Fund (MCCF).

European Union (EU) / European Commission (EC): see EC Enlargement - Bosnia and Herzegovina website

The ENVSEC Initiative addresses environmental problems, which threaten security, societal stability and peace, human health and/or sustainable livelihoods, within and across national borders in conflict prone regions. Details on the ENVSEC website.

Global Environment Facility (GEF): view website. For country relevant info, see GEF Country Profile portal.

International Finance Corporation (IFC): view dedicated IFC country webpage. The following programs and facilities are available: IFC Environmental Business Finance Program (focused on financing renewable energy, energy efficiency, biodiversity and sustainable land management projects of SMEs); IFC Carbon Finance; IFC Cleaner Technologies Program; IFC Sustainable Energy program; IFC infrastructure financing (including water, wastewater, solid waste management); DevCo Facility.

OPEC Fund for International Development (OFID): view website.

The Renewable Energy and Energy Efficiency Partnership (REEEP) supports the development of innovative financing methods and policy to enable investment projects in the renewable energies and energy efficiency sectors (REEEP is not a funding mechanism, however): view website.

United Nationes Development Programme (UNDP) in Bosnia and Herzegovina: view website.

Information on the World Bank's environment and water sector portfolio can be found at the dedicated World Bank country website. In addition: view the World Bank Carbon Finance Unit website and the World Bank Public Private Infrastructure Advisory Facility (PPIAF) website.

Do you know of additional mechanisms or institutions providing finance for environmental investments and thus should be mentioned here? Please let us know.

Domestic commercial finance

A list of domestic and foreign banks operational in Bosnia and Herzegovina is available on the website of the Central Bank of BiH.

Last update of this page: 03 June, 2010

 Home / Institutions / Bosnia and Herzegovina

Country background information

General info

• Official name: Republic of Bosnia and Herzegovina
• Largest cities: Sarajevo (capital, 400'000 inhabitants), Banja Luka (250'000), Tuzla (165'000), Zenica (150'000), Mostar (94'000)
• Neighboring countries: Croatia, Montenegro, Serbia
• Key links: Presidency BiH; Council of Ministers; Federation of BiH: Government; Republic of Srpska: Government; Central Bank of BiH; World Bank office; EBRD; EU Accession; EC Delegation; Wikipedia; Encyclopedia Britannica

Environment: background info

• State of the environment reports and governmental environmental policies: see UNECE Envtl. Performance Review 2004; EEA state of environment reporting; EEA (2007): "Europe's Environment: the Fourth Assessment"; EEA/UNEP (2007): Sustainable Consumption and Production…; UNDP (2007): Environmental Policy in SEE; IEA B&H website
• Reports related to eco-finance in Bosnia and Herzegovina: PPC/REC/OECD (2007): Mobilizing Finance for Environmental Priorities…; REC (2007): Environmental Financing Trends in SEE: 2001–2005; REC (2007): Municipal Environmental Investments in SEE 2001–2005; REC PEIP website
• For additional reports related to eco-finance, please visit our library & reference pages

Currency and exchange rates

Currency: Bosnian Mark, BAM (current and past exchange rates)

BAM/USD, end-year exchange rates:

BAM/EUR, end-year exchange rates:

  Source: oanda.com