23.12.2024.

USAID Launches New Energy Sector Assistance Project in Bosnia and Herzegovina

The U.S. government yesterday kicked off a new U.S. Agency for International Development Energy Policy Activity (USAID/EPA) project in Bosnia and Herzegovina. The five-year, $9.9 million USD project will continue the work of the previous USAID EPA project, which concluded in September 2024, to advance Bosnia and Herzegovina’s energy security and transition to clean energy.

Over the next five years, we will focus on further strengthening energy security, integrating BiH into the broader European and global energy frameworks, and boosting economic growth,” said USAID Mission Director Emily Coffman Krunic. “Together, we can create a future where energy not only powers our homes and industries but also fuels progress, security, and sustainability for generations to come.

Through this new project, USAID will partner and foster open dialogue with decision makers, energy industry leaders, the private sector, NGOs, media and citizens to advance key reforms necessary for building a more resilient, diverse, and sustainable energy system. Such changes will create a more cost-effective system for businesses and households. Shifting to renewable energy will further improve air quality and public health, while fostering conditions for local economic growth and job creation in the renewable energy sector. 

These efforts include supporting BiH to adopt the National Energy and Climate Plan and state-level laws that will enable the country to join regional and European energy markets, encouraging private-sector investment in clean energy, improving energy efficiency, increasing the use of renewable energy sources and electric vehicles, and advancing the Southern Interconnection natural gas pipeline project to diversify BiH’s energy sources and increase energy security.

This new USAID project is a continuation of the U.S. government’s three-decade long partnership with BiH to advance a more secure and prosperous energy sector, environment, and economy.