The World Bank supports Bosnia and Herzegovina’s National Energy and Climate Plan with a 79.90-million-euro loan and a 2.89-million-euro grant. The main focus is to enhance energy independence, foster new job opportunities and strengthen local economies in former coal regions.
The Just Transition in Select Coal Regions of Bosnia and Herzegovina Project will help repurpose post-mining lands in Banovići, Zenica and Kreka. It will facilitate the closure of underground works in Zenica and support the installation of renewable energy systems at Banovići and Kreka. It will also provide social protection measures and skills development programs to workers and communities seeking opportunities outside the coal sector.
“This new project is an opportunity to boost Bosnia and Herzegovina’s energy security while supporting communities, making sure no one is left behind,” said Christopher Sheldon, World Bank Country Manager for Bosnia and Herzegovina and Montenegro.
Bosnia and Herzegovina is actively developing a National Energy and Climate Plan, which aims to reduce greenhouse gas emissions as part of its goal to decarbonise its power sector by 2050. Building on this commitment, the World Bank will help ensure mine closure is environmentally and socially responsible.