Early Warning System

Regions

Europe and Central Asia

Geographic location where the impacts of the investment may be experienced.

Countries

Bosnia and Herzegovina

Geographic location where the impacts of the investment may be experienced.

Specific Location

Central Bosnia Canton

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Sep 9, 2026

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Government of Bosnia i Herzegovina

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy
Infrastructure

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 14.16 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 12
Converted using 2026-04-14 exchange rate.

Loan Amount (USD)

$ 14.16 million

Project Cost (USD)

$ 18.76 million

Bank Documents

Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 26, 2026

Disclosed by Bank Apr 14, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EBRD, the project consists of the provision of a sovereign loan of up to EUR12 million to the state of Bosnia and Herzegovina, to be on-lent to the Central Bosnia Canton (CBC) through the Federation of Bosnia and Herzegovina (FBiH) and to be implemented by the Ministry of Spatial Planning of the CBC.

The proceeds of the loan will be used finance energy efficiency (EE) measures in up to 51 public buildings. The EE measures will include outer walls insulation, new glazing, roof insulation, energy efficient lighting etc. aiming to reduce energy consumption for each building. The Project is expected to be co-financed with an investment grant in the amount of up to EUR3 million from the European Union's Renewable Energy Efficiency Programme for the Western Balkans.

The Project will help the Client achieve energy savings, replace outdated infrastructure, reduce negative environmental impacts and improve comfort and quality of services in these public buildings.

The transition impact of the Project is expected to be derived from the Green quality as the use of proceeds will directly support the implementation of EE measures in public buildings, including fuel switch, resulting in expected reduction of primary energy demand of at least 30 per cent.

The Borrower is the state of BiH. The loan proceeds will be on-lent to the CBC through the FBiH.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Borrower - Government of Bosnia i Herzegovina:

Muhamed Softic - Head of PIU
Email: muhamed.softic@sbk-ksb.gov.ba
Phone: +387 30 511 213
Website: https://www.sbk-ksb.gov.ba/bs/ueir
Address: Stanicna 43, 72 270 Travnik

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html