Green energy – key ingredient for success

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Serbia, Bosnia and Herzegovina and FYR Macedonia have developed vibrant economies in recent years, but the communist-era legacy has left its mark. Due to dilapidated infrastructures, inefficient energy use and high losses in energy transmission and distribution, countries in the Western Balkans are still up to 2.5 times more energy intense than the EU average.

‘Through its Western Balkans Sustainable Energy Financing Facility (WeBSEFF), the EBRD is actively working on narrowing this gap. WeBSEFF provides credit lines totalling