Bosnia and Herzegovina has updated its first Nationally Determined Contribution (NDC). The country plans to reduce its greenhouse gas (GHG) emissions in 2030 by 12.8% compared to 2014 (or 33.2% compared to 1990) using its domestic resources (unconditional target) and by 17.5% compared to 2014 (or 36.8% compared to 1990) with international support (conditional target). Bosnia and Herzegovina’s previous GHG emissions reduction target for 2030 was 3% compared to 1990.
In the long run, the country’s GHG emissions reduction target for 2050 is 50% (unconditional goal) and 55% (conditional goal) compared to 2014 (61.7% unconditional reduction and 65.6% conditional reduction compared to 1990).
To reach the defined targets, the country plans to invest BAM17bn (€8.8bn) in the period until 2030 to decarbonise its power sector. The total electricity capacity is around 4.6 GW, with 48% from hydro, 45% from lignite, and 5% from oil (end of 2019, stable in 2020).
Energy and Climate Databases
Market Analysis