The World Bank has approved USD 32 million in additional financing for the Bosnia and Herzegovina (BiH) Energy Efficiency Project, according to a press release from the World Bank cited by the BiH media.
BiH has around 7,600 public buildings, including 2,908 in Republika Srpska and 4,419 in the Federation of BiH (FBiH), which are estimated to require energy efficiency investments of between EUR 350 million and EUR 510 million.
Energy efficiency investments under the project refer to retrofits of school and hospital buildings across BiH to secure cleaner and more efficient heating, improved thermal insulation, better lighting, and an overall improvement of conditions in the buildings, the World Bank said.
The additional financing follows the original, USD 32 million package the World Bank approved in March 2014. Under the original package, more than 60 school and hospital buildings have been retrofitted in BiH.