U.S. Climate Finance

The U.S. Agency for International Development (USAID) is providing $600,000 through its Regulatory and Energy Assistance Project (REAP) to support energy reforms and clean energy development in Bosnia and Herzegovina. REAP will focus on harmonizing Bosnia and Herzegovina's energy legislation and regulations with those of the European Union (EU), including those pertaining to renewable energy and energy efficiency. This will help Bosnia and Herzegovina further integrate into the EU internal energy market and make the electric and gas sector more attractive for private investors leading to the adoption of more efficient and clean energy technologies. In addition, REAP will work with the electric power sector to better enable power utilities to create energy efficiency demand-side management program as well as other measures to save energy.