Projects - International Climate Initiative (IKI)

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As of: August 2016

Credit Programme for Balkan Energy Efficiency Initiative


Objective and activities

The project introduced a new credit line for energy efficiency in the banking sectors of Serbia and Bosnia and Herzegovina. This way energy savings of approximately 20% for each investment were achieved. Selected local partner banks were provided with credit lines for energy efficiency. The loans extended by the banks focused on comparatively simple and cost-effective energy efficiency measures.

State of implementation/results

  • Project completed
  • Total project volume: € 25,400,000 (low-interest loans including accompanying measure)
  • Long-term credit lines for energy efficiency measures were offered by KfW to local partner banks.
  • Financing for energy efficiency measures was offered to companies and private households by local banks.
  • In Bosnia and Herzegovina and Serbia more than 600 clients received financing for energy efficiency measures, particularly in the areas transport, production plants, and building insulation.
  • Accompanying consulting activities for partner banks were completed successfully.

Project data

Country:
Bosnia and Herzegovina, Serbia

Partner institution:

Raiffeisen Bank Bosna i Hercegovina, Sarajevo;Volksbank Serbia, Belgrade


Implementing organisation:

KfW


BMUB grant:

Duration:
12/2008 till 12/2015

Website:
Website



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