Founded in 2004, the Environmental Protection and Energy Efficiency Fund (EPEEF) of the Republic of Croatia has some 50 mln Euro annual revenues and supports projects and programs in the areas environmental protection, energy efficiency and renewable energy. The focus has been on support to waste management projects in recent years. View institutional profile. View EPEEF website.
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Hrvatska banka za obnovu i razvitak (HBOR) is the Croatian Bank for Reconstruction and Development. At the end of 2007, HBOR had assets worth 17.4 bln HRK. HBORs lending programmes include environmental protection and infrastructure. View institutional profile. View HBOR's website.
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The Ministry of Regional Development, Forestry and Water Management (MRDFW) and Croatian Waters (Hrvatske Vode) are both involved in financing water services and infrastructure. View MRDFW website. View Croatian Waters website.
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Do you know of additional mechanisms or institutions providing finance for environmental investments and thus should be mentioned here? Please let us know.
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International, foreign sources
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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.
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The Danish Carbon Program offers carbon finance. For details visit the dedicated website. So far, Danish Carbon has no projects yet in Croatia.
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The Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ) GmbH is active in the environment / water area: view website.
See also GTZ/BMZ public-private partnership program (PPP): view website.
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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.
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The Finnish Carbon Procurement Programme (Finnder) offers carbon finance. For details visit the Finnder website. So far, Finnder has no projects yet in Croatia.
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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.
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KfW Entwicklungsbank provides loans and other finance for infrastructure / environmental projects: view website
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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.
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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.
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United Nationes Development Programme (UNDP) in Croatia: view website.
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Do you know of additional mechanisms or institutions providing finance for environmental investments and thus should be mentioned here? Please let us know.
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Domestic commercial finance
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Last update of this page: 03 June, 2010
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Country background information
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General info
Environment: background info
Currency and exchange rates
Currency: 1 Kuna (HRK) = 100 Lipa (current and past exchange rates)
HRK/USD, end-year exchange rates:
| 2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| 8.71 |
7.46 |
6.36 |
5.84 |
6.21 |
5.57 |
4.99 |
HRK/EUR, end-year exchange rates:
| 2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| 7.72 |
7.82 |
7.99 |
7.97 |
7.36 |
7.36 |
7.35 |
Source: oanda.com
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