EBRD supports green residential investments in Bosnia and Herzegovina

• EBRD lending up to €4 million to Mikrofin to expand green financing for energy‑efficient residential sector investments in Bosnia and Herzegovina
• Financing supports climate‑friendly technologies, delivering energy savings, lower emissions and reduced energy costs for households and communities
• EU‑funded incentives and technical assistance will accelerate uptake of green investments and promote gender‑responsive access to finance

The European Bank for Reconstruction and Development (EBRD) is strengthening its support for green residential sector investments in Bosnia and Herzegovina with a new financing package for Mikrofin, the country’s largest microfinance institution.

The EBRD is providing a senior loan of up to €4 million to Mikrofin Banja Luka under the Western Balkans Green Economy Financing Facility (GEFF) III – REPower Residential Programme. All of the funds will be used to support energy‑efficiency and renewable‑energy investments, with 100 per cent of the proceeds classified as green finance. Mikrofin is embarking on its fourth GEFF project with the EBRD, cementing its position as one of the leading implementing partners in Bosnia and Herzegovina, having successfully channelled €6 million to end‑borrowers under previous GEFF I and GEFF III programmes.

The proceeds of the loan will be lent on to households and housing associations to support investments in high‑performance energy‑efficiency technologies and eligible renewable‑energy solutions. The programme is designed to help reduce energy consumption and carbon emissions while lowering energy costs for end-users.

to accelerate the green transition in the Western Balkans, where the residential sector remains one of the most energy‑ and carbon‑intensive parts of the economy. The financing will support the deployment of technologies that go beyond prevailing national standards and contribute to long‑term climate resilience.

The loan will be complemented by a comprehensive package of technical cooperation and investment incentives funded by the European Union (through the Western Balkans Investment Framework) and the Japan‑EBRD Cooperation Fund. This support includes capacity‑building for Mikrofin, market development activities and targeted incentives for end-borrowers, helping to accelerate uptake of green investments.

The EBRD has invested more than €3.4 billion in 262 projects in Bosnia and Herzegovina since it began operating in the country in 1996.