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News

The implementation of CBAM will begin in 2026, which is likely to result in a drastic increase in the price of electricity, goods and services.

27. 06. 2025. admin

In less than six months, a major economic change will take place in Bosnia and Herzegovina, and the citizens will pay the price for that change. How much that price will be will depend solely on the BiH authorities.

Source: klix.ba

Namely, it is now definitive that domestic companies will pay a tax on carbon dioxide (CO2) emissions to the European Union from January 1st next year, called the Carbon Boundary Adjustment Mechanism (CBAM).

The reason for this is that the BiH government has not yet met the key conditions for us to be exempt from paying CBAM, and these conditions are the formation of an electricity exchange, the interconnection of electricity markets, the establishment of an internal CO2 emission quota trading system (EU ETS) or so-called pollution rights, and a climate neutrality strategy by 2050.

If Bosnia and Herzegovina had established the EU ETS, the money from the purchase of quotas would flow into the budgets of domestic institutions, and the CBAM would flow into the EU budget.

What is CBAM

The Union applies CBAM to all trading partners outside the EU. If this were not the case, then it would treat its economic entities that already pay taxes on harmful gas emissions unequally.

One of the main goals is to force companies in and outside the EU to switch to renewable energy sources and thereby reduce environmental pollution. If there were no CBAM and EU ETS, then it would not make much sense for the EU alone to tax its companies. The introduction of CBAM will most affect the electricity companies in Bosnia and Herzegovina as significant exporters of electricity mainly produced from fossil fuels, primarily coal. Accordingly, they will be forced to change their production practices, i.e. use more renewable energy sources in their production. The EU has been pointing out CBAM to domestic authorities for four years, but despite this, they have done very little to avoid it.

How CBAM works

Exporters from Bosnia and Herzegovina to the EU will have to submit reports on their annual CO2 emissions to their buyers in the Union starting next year. The buyer in the EU will buy certificates based on the amount of CO2 emitted (e.g. 100 certificates for 100 tons of CO2). The certificates are purchased from the competent national body. The Union will check whether the data in the reports of BiH exporters is accurate, and if it is inaccurate or falsified, sanctions are foreseen.

Companies emitting up to 50 tons of CO2 will be exempted from CBAM, which will help small and medium-sized enterprises. The obligations of domestic companies towards their partners in the EU will be to communicate with these partners, collect data for the preparation of CBAM reports (the biggest challenge will be the calculation of CO2 emissions), prepare quarterly CBAM reports, and constantly monitor changes within CBAM and their production process.

How much does CBAM cost

The price of CBAM per ton of CO2 is variable, and this change depends on the market. For example, at one point the price was 180 euros per ton of CO2.

The EU is continuously putting pressure on the BiH authorities to intensify the transition to renewable energy sources, so that ultimately the environment is less polluted and the cost of environmental pollution is lower. However, according to sources from the Union, Bosnia and Herzegovina is the worst-performing country in Europe in terms of regulations on this issue. The fact that a large Danish company rejected an invitation to invest in the production of electricity from renewable sources, despite the fact that Herzegovina has enormous potential in this field, also shows how alarming the situation is.

In addition to poor regulations, an additional problem is the outdated infrastructure (transmission lines) for the transmission of electricity.

Given that the calculation of CBAM is very complex, no one knows exactly how much CBAM will affect the BiH economy. What is known is that it will be dramatic and that citizens will ultimately pay for it through more expensive energy, and therefore more expensive goods and services. The implementation of CBAM will begin in 2026, with charges starting in 2027 for 2026.

News

Bosnia and Herzegovina on track to lose up to 300 million BAM in a few years: Money that could stay in the country

05. 05. 2025. admin

It is becoming increasingly likely that the European Union will impose additional taxes on imports from Bosnia and Herzegovina, which would be a significant economic blow. This blow can be avoided, but whether it will be avoided depends entirely on Bosnia and Herzegovina itself.

Source: klix.ba

The EU plans to impose additional financial burdens not only on imports from Bosnia and Herzegovina but also on all non-member states. The proposed levy is called the Carbon Border Adjustment Mechanism (CBAM), and it will tax the import of goods whose production emits carbon.

There are two reasons for introducing this tax. One is environmental protection—CBAM is one of the measures to help the EU achieve its goal of becoming climate neutral by 2050. The second reason is to protect the Union’s economy from unfair competition, i.e., from the economies of countries that are not EU members and where carbon is either not taxed or inadequately taxed. CBAM is scheduled to begin collection on January 1, 2026.

Bosnia and Herzegovina, like all other non-EU countries, has the option to avoid CBAM, which suggests that the Union does not intend to simply fill its budget. Namely, CBAM can be avoided by introducing an Emissions Trading System (EU ETS), which has existed in the EU since 2005. The EU ETS allows companies to buy and sell quotas or “rights to pollute.”

These quotas are traded on the stock exchange or directly between companies, and the price of quotas depends on supply and demand. Some businesses may receive quotas for free. Those who do not use their quota can sell the surplus. Lower carbon emissions mean lower costs, which makes it clear that the EU ETS is also one of the EU’s environmental protection measures.

While EU ETS would fill the budgets of Bosnia and Herzegovina, CBAM would fill the budget of the Union. Bosnia and Herzegovina committed to establishing an EU ETS through the Sofia Declaration, and Chairwoman of the Council of Ministers Borjana Krišto (HDZ) promised that this trading system would be implemented.

However, the director of the Energy Community, Artur Lorkowski, recently stated that he doubts Bosnia and Herzegovina will meet all the conditions needed to avoid CBAM. These conditions include adopting a national electricity law and establishing a national electricity exchange.

The danger of a major economic blow

President of the Foreign Trade Chamber of Bosnia and Herzegovina (VTK BiH), Vjekoslav Vuković, explained in an interview with Klix.ba what impact CBAM could have on trade with the EU, to which Bosnia and Herzegovina exports 70 percent of its products. He primarily pointed out the potential financial losses for the Bosnian economy.

“Full implementation of CBAM would apply to over 40 percent of Bosnia and Herzegovina’s exports to the EU, including aluminum, steel, iron, fertilizers, electricity, and cement. Without the EU ETS, Bosnia and Herzegovina would lose 300 million KM by 2030, which would go to European countries,” Vuković emphasized.

He specifically noted the consequences of additional taxation on electricity, stating that this sector is the most sensitive to any form of carbon tax. Bosnia and Herzegovina is a major exporter of electricity, which is predominantly produced from coal.

“Considering the spillover effect that electricity can have on other industries and households through increased local market prices—which has yet to be evaluated—economic stability will be a key concern in the coming years,” he stated.

Discussing the possibility that CBAM may cause job losses, wage cuts, and/or company closures, Vuković concluded that small and medium enterprises would not be able to operate without profit or absorb losses to mitigate or eliminate negative impacts.

“We hope that companies will remain competitive, improve their operations, and retain existing jobs while creating opportunities in new markets, expanding production capacities, and enabling new employment,” he added.

We asked which industries would be most affected by the introduction of CBAM.

“This regulation initially applies to six sectors: the production of steel and iron, aluminum, electricity, hydrogen, cement, and fertilizers. According to VTK’s analyses, the most affected product groups will be aluminum, iron and steel, and electricity,” he responded.

He reminded that Bosnia and Herzegovina does not export hydrogen and that fertilizer exports are significantly smaller compared to the other sectors. He continued to discuss other Bosnian goods that the EU may additionally tax.

“Although cement exports are not large compared to the first three mentioned sectors, along with aluminum, they show the highest dependency on EU partners, making this industry especially vulnerable to the new conditions. Of the total Bosnian aluminum exports globally, 89.88% go to the EU, and 83.72% of cement exports,” he stated.

The president of VTK BiH highlighted data suggesting that domestic companies are partially aware of what EU ETS and CBAM mean. He pointed out that this data was gathered through a survey conducted in December last year.

“An analysis of responses from 76 companies showed that 58.7% do not know what direct and indirect CO2 emissions of their products are, but they want to learn more about it, while 38.7% do know what direct and indirect CO2 emissions of their product are. Furthermore, 42.1% of companies don’t know whether they must report emissions in precursors (chemical compounds) of their products, while 36.8% do know whether they must report emissions in their products’ precursors, i.e., their suppliers’ emissions,” he explained.

According to Vuković, the analysis showed that large companies are primarily prepared to enter CBAM and that some companies are already saving money to pay this tax.

“It is true that many processes in companies are implemented ad hoc or under pressure from foreign buyers, but a significant number already apply different practices (LED lighting, thermal insulation, solar power generation for internal use, use of biomass or biogas, etc.). Some are investing in innovation and sustainability,” he added.

He claims that most businesses have expressed readiness to invest in green technologies, having recognized a business opportunity in them.

What are the authorities doing?

While VTK BiH and business representatives call on the government to meet the conditions to avoid CBAM, there is silence from the ministry most responsible for fulfilling these requirements. The Ministry of Foreign Trade and Economic Relations of Bosnia and Herzegovina did not respond to our inquiry. Federal Ministry of Energy, Mining, and Industry (FMERI) also calls for a faster response from the state government.

“The Federation of Bosnia and Herzegovina advocates for the urgent adoption of a national electricity law. FMERI has submitted its position on the draft law to the Ministry of Foreign Trade and Economic Relations, thereby fulfilling its obligation,” they pointed out.

FMERI emphasized that it will be very difficult to undertake any measures if CBAM is implemented.

News

What will the establishment of an electricity exchange mean for citizens and businesses in Bosnia and Herzegovina?

05. 05. 2025. admin

The entity ministries of energy have recently finally agreed on the text of the Electricity Law, which should be adopted by the state authorities. In addition, they have agreed to the establishment of a national electricity exchange.

Source: klix.ba

The Electricity Law and the electricity exchange are conditions for the European Union to exempt Bosnia and Herzegovina from the Carbon Border Adjustment Mechanism (CBAM).

CBAM implies that the EU taxes all imports from outside the EU that result in carbon emissions, including electricity. This means that through such taxation, the money of Bosnian exporters would remain in EU countries. If Bosnia and Herzegovina fails to meet the mentioned conditions, CBAM will apply to it starting next year. As a result, the losses for Bosnia and Herzegovina could amount to billions of BAM.

In addition to these conditions, to avoid CBAM, Bosnia and Herzegovina must establish an emissions trading system (EU ETS), which has existed in the EU since 2005. This system allows companies to buy and sell quotas or the “right to pollute” from each other. In this way, the budgets of Bosnia and Herzegovina would be filled, instead of the EU’s.

What will the exchange mean for citizens?

The general public is unfamiliar with what the formation of an electricity exchange will mean for citizens and businesses. The Ministry of Energy, Mining, and Industry of the Federation of Bosnia and Herzegovina (FMERI) responded to this question for Klix.ba. They first explained what it will mean for citizens.

“An exchange allows the price of electricity to be determined publicly and transparently, based on supply and demand, which in the long term can lead to more harmonized and stable prices. Citizens will not immediately feel changes in their bills directly, but this process inevitably brings several important benefits for everyone. Greater competition among suppliers can also mean better conditions for end consumers in the future,” they stated.

Furthermore, as they added, stronger regional market integration contributes to more secure electricity supply. With changes in the energy market, they explained, indirect benefits for citizens are also possible, such as lower electricity prices for businesses, which could result in lower prices of their products and services for end consumers.

What will the exchange mean for businesses?

FMERI further discussed what the formation of the electricity exchange will mean for businesses.

“Businesses will have the opportunity to choose between multiple electricity providers and sign more favorable contracts, which can significantly reduce their costs, especially in energy-intensive industries. The exchange also enables greater flexibility, transparency, and market competition, giving businesses tools to better plan costs and reduce risks. This makes them more competitive both domestically and internationally,” they emphasized.

They noted that the formation of the electricity exchange is an important step toward establishing the EU ETS. We asked what the entire power system of FBiH will gain from the formation of this exchange.

“The entire energy sector gains a platform for more efficient and fair functioning. Instead of prices being determined by closed bilateral agreements, everything now takes place publicly, through supply and demand, which increases competition and market efficiency. The exchange also facilitates easier connections with neighboring markets, which strengthens our energy stability and opens the door to greater exports and better integration into the European energy system,” they stated.

Headquarters in Mostar

In response to the question of why it was decided that the exchange headquarters will be in Mostar, they emphasized that institutions responsible for the power sector are distributed throughout the country – the transmission company is in Banja Luka, the system operator (NOS) is in Sarajevo, and the state regulatory commission is in Tuzla.

By choosing Mostar as the seat of the exchange, they believe, the practice of evenly distributing institutions across the territory continues, contributing to balanced development and representation of all parts of Bosnia and Herzegovina.

CBAM Roundtable A group of people participating in a roundtable discussion

News

BiH exporters in trouble: Challenges in CBAM implementation, long-term access to the EU market at risk

19. 02. 2025. admin

Bosnian businesspeople and exporters gathered at a roundtable dedicated to the Carbon Border Adjustment Mechanism (CBAM) and enhancing the competitiveness of BiH exporters, together with relevant stakeholders from the public and private sectors, regulatory bodies, and industry.

Source: klix.ba

This meeting, organized by the American Chamber of Commerce in BiH (AmCham BiH), aimed to analyze the current status of CBAM implementation in BiH, assess its economic impact, and identify possible solutions to mitigate the negative effects of this levy.

CBAM is a European Union mechanism designed to prevent “carbon leakage” by discouraging companies from relocating production to countries with less stringent environmental standards. As of January 1, 2026, it will become mandatory for EU importers of cement, iron, steel, aluminum, fertilizers, electricity, and hydrogen from outside the EU, requiring them to purchase CBAM certificates to cover CO₂ emissions. CBAM operates in parallel with the EU Emissions Trading System (ETS), ensuring that imported goods adhere to the same environmental standards. Although the responsibility formally lies with EU importers, the cost is expected to be transferred to BiH exporters, reducing their competitiveness in the EU market.

BiH faces challenges in implementing CBAM due to its high reliance on fossil fuels in its energy mix. A particular issue is that products from sectors initially covered by CBAM in 2023 accounted for around 15% of BiH’s total exports to the EU.

Since BiH has not yet introduced an Emissions Trading System (ETS) or alternative mechanisms for reducing CO₂ emissions, local businesses will not be able to offset any carbon taxes paid in BiH when calculating CBAM obligations. This increases the cost of importing BiH products into the EU, reduces their competitiveness, and threatens long-term access to the EU market.

Key Takeaways from the Roundtable:

As of January 1, 2026, BiH exporters will have to pay CBAM taxes on products such as iron, steel, aluminum, cement, and electricity.
EU importers of BiH products covered by CBAM will have to purchase CBAM certificates from January 1, 2026, since BiH lacks a national emissions accounting model.
Bosnia and Herzegovina has opted to implement the EU ETS system, but its introduction will not be feasible before 2026 and is only planned by 2030. Progress has been delayed due to the BiH Council of Ministers’ failure to adopt the Roadmap for establishing the MRV (Monitoring, Reporting, and Verification) and ETS models, despite the deadline being the end of 2024.
Until then, BiH exporters in CBAM-covered sectors will remain exposed to this levy, which will be charged upon import into the EU.
Funds collected through CBAM will remain in the EU budget instead of being reinvested in the decarbonization and modernization of BiH’s economy.

It is crucial to provide urgent financial and regulatory support measures for BiH exporters to mitigate the negative effects of CBAM. These measures should include subsidies for emissions reduction, investments in decarbonization, and incentives for adapting production processes to ensure BiH companies remain competitive in the EU market. So far, most reforms have only increased business costs, making it essential to rapidly develop support mechanisms to help businesses transition toward sustainable operations.

BiH’s energy policy should enable industries to access more competitive and cleaner electricity to reduce their carbon footprint and exposure to CBAM. Key steps include increasing renewable energy production, improving energy efficiency, and regulating electricity trade between businesses. Currently, companies that have invested in renewable energy cannot sell excess electricity, limiting market flexibility. Facilitating the purchase and sale of green energy would lower business costs and enhance BiH’s economic resilience against EU climate regulations.

Given the complexity of CBAM adaptation and the high, non-recoverable costs, all roundtable participants agreed on the urgent need for a public dialogue between authorities and BiH exporters, streamlining procedures, and securing access to financial mechanisms to maintain their competitiveness.

The roundtable brought together representatives from key institutions, including the EU Delegation to BiH, the Directorate for European Integration, the BiH Ministry of Foreign Trade and Economic Relations, both entity ministries of energy and mining, the Ministry of Spatial Planning, Construction, and Ecology of Republika Srpska, the Federation of BiH Employers’ Association, the Foreign Trade Chamber of BiH, the Federation of BiH Chamber of Commerce, as well as representatives from the private and financial sectors. The goal was to analyze the impact of CBAM and ETS on BiH’s economy and identify possible courses of action.

AmCham BiH will continue supporting BiH businesses in navigating new regulatory challenges and will encourage relevant government institutions to ensure that the voices of manufacturing firms and exporters are included in national decision-making processes.

News

BiH on track to lose as much as 300 million KM in a few years

16. 12. 2024. admin

The European Union is increasingly likely to impose additional taxes on imports from Bosnia and Herzegovina, a move that would deal a significant economic blow to the country. However, this blow can be avoided, depending solely on the actions of Bosnia and Herzegovina itself, reports Klix.

The EU plans to impose additional financial burdens not only on imports from Bosnia and Herzegovina but also on imports from all non-EU countries. The proposed levy is known as the Carbon Border Adjustment Mechanism (CBAM), which will tax imports of goods whose production involves carbon emissions.

There are two reasons for introducing this tax. The first is environmental protection—CBAM is one of the measures aimed at achieving the EU’s goal of being climate-neutral by 2050. The second reason is to protect the EU economy from unfair competition from non-EU countries where carbon is either untaxed or inadequately taxed. CBAM is set to come into effect on January 1, 2026.

Bosnia and Herzegovina, like other non-EU countries, has the option to avoid CBAM, signaling that the EU does not intend to simply boost its budget. CBAM can be avoided by implementing an emissions trading system (EU ETS), which has existed in the EU since 2005. The EU ETS allows companies to buy and sell emission quotas or “the right to pollute.”

Quotas are traded on exchanges or directly between companies, and their price depends on supply and demand. Some companies may receive free quotas. Companies that do not use their quotas can sell the surplus. Lower carbon emissions mean lower costs, making the EU ETS another measure aimed at environmental protection.

Through the EU ETS, Bosnia and Herzegovina could generate revenues for its own budget, while CBAM revenues would go to the EU budget. Bosnia and Herzegovina committed to implementing the EU ETS under the Sofia Declaration, and Chairwoman of the Council of Ministers Borjana Krišto (HDZ) promised that the trading system would be established.

However, the Director of the Energy Community, Artur Lorkowski, recently expressed doubt that Bosnia and Herzegovina will meet all the conditions required to avoid CBAM. These conditions include passing a national electricity law and establishing an electricity market at the state level.

Risk of Economic Shock

Vjekoslav Vuković, President of the Foreign Trade Chamber of Bosnia and Herzegovina (VTK BiH), explained to Klix.ba the potential impact of CBAM on trade with the EU, where Bosnia and Herzegovina exports 70% of its products. He highlighted the potential financial loss to the country’s economy.

“Full application of CBAM would affect more than 40% of Bosnia and Herzegovina’s exports to the EU, including aluminum, steel, iron, fertilizers, electricity, and cement. Without the EU ETS, Bosnia and Herzegovina would lose BAM 300 million by 2030, money that would end up in EU countries,” Vuković emphasized.

vjekoslav vukovic — Vjekoslav Vuković, predsjednik VTK BiH (Foto: VTK BiH)

He particularly pointed out the consequences of additional taxation on electricity, which is highly sensitive to any form of carbon tax. Bosnia and Herzegovina is a major exporter of electricity, predominantly generated from coal.

“Considering the spillover effect that electricity could have on other industries and households through increased market prices, which has not yet been fully assessed, economic stability will be a primary concern in the coming years,” he added.

Speaking about the potential for CBAM to cause job losses, wage reductions, or company closures, Vuković stated that small and medium-sized enterprises would not be able to operate without profits or absorb losses to mitigate the negative impacts.

“We hope companies will remain competitive, improve their operations, create opportunities in new markets, expand production capacities, and enable new jobs,” he added.

The introduction of CBAM (Carbon Border Adjustment Mechanism) by the European Union could have serious economic consequences for Bosnia and Herzegovina. Based on the analysis of the Foreign Trade Chamber of Bosnia and Herzegovina (VTK BiH), industries such as aluminum, iron and steel, electricity, and cement are particularly vulnerable, as a significant portion of their exports depend on the EU market.

Most Affected Sectors

Iron and Steel, Aluminum: A large share of exports from these sectors is directed toward the EU, making them highly sensitive to additional costs due to CBAM.
Electricity: As a significant exporter of carbon-intensive electricity, Bosnia and Herzegovina faces potential increases in production costs, with this impact likely to spill over into the prices of local industries and households.
Cement: Although smaller in scale, cement exports are highly dependent on EU partners, rendering this sector particularly vulnerable to changes.

Understanding and Preparation Among Businesses

Research among domestic companies shows that most are not sufficiently familiar with CBAM or the EU ETS, although there is growing interest in green technologies. Some companies are already investing in sustainable practices such as renewable energy and energy efficiency, while larger companies are better prepared to adapt and bear the costs of CBAM.

Recommendations for Avoiding CBAM

To avoid CBAM, Bosnia and Herzegovina needs to:

Implement the EU ETS: A carbon trading system allows for local management of carbon emissions, avoiding direct EU taxes.
Adopt an Electricity Law: This state-level law would regulate and enable the implementation of the EU ETS.
Strengthen Green Technologies: Investing in emissions-reducing technologies not only lowers costs but also opens new markets.

Government Responsibility

The lack of response from the relevant ministries and their inadequate action hinder preparations for CBAM. VTK BiH and business leaders are urging state authorities to urgently adopt the necessary laws and measures to protect the country’s economy.

If Bosnia and Herzegovina fails to take the necessary steps, the application of CBAM starting in 2026 could result in significant export losses, increased costs for domestic industries, and a threat to economic stability.

Events News

The 2nd Sarajevo Energy and Climate Week (SECW) 2024 Concludes: A Platform for Concrete Actions and Partnerships

04. 10. 2024. admin

The Sarajevo Energy and Climate Week (SECW) 2024 concluded on September 27th, after five intensive days dedicated to key topics of energy and just transition, climate change, ESG, and the most current issues of ETS and CBAM, reports klix.ba.

The central themes of this year’s event were “Together Towards Carbon Neutrality,” “Just Transition and Critical Mineral Resources,” “Shaping the Future of Electricity,” and special days dedicated to visionary Emerik Blum at Energoinvest and shaping energy security and independence at the Chamber of Commerce of FBiH.

During SECW, 19 panels and nine accompanying events were held, resulting in rich discussions and important conclusions. The panels provided an opportunity for constructive talks about the challenges and opportunities ahead in the energy and climate sectors.

Ognjen Marković from EU4Energy, moderator of the panel dedicated to organizing the electricity wholesale market and establishing the electricity exchange in BiH, emphasized the key role of such platforms in accelerating the transition:

“The presentations and discussion at Panel X once again demonstrated the necessity of establishing an electricity exchange in BiH. Only after its establishment will there be a path full of challenges towards joining the EU market through market coupling. It is undeniable that a functional exchange supports the acceleration of investments in renewable energy sources, while the redesigned market should provide security for investors and protection for consumers from large changes in electricity prices.”

This year, SECW also served as a platform for initiating several important projects and partnerships, among which the signing of an agreement between Energoinvest and Wattkraft stands out, laying the foundation for future energy projects. Several significant agreements were also signed, such as the establishment of the Center for Sustainable Energy Transition, continued activities of BiH municipalities in cooperation with the Stockholm Environment Institute (SEI), and other bilateral agreements between organizations.

Prof. Mustafa Musić, vice president of the SECW Program Committee, reflected on future steps in the energy sector:

“In the coming period, we expect significant intensification of decarbonization through increased energy efficiency, both on the production side and the consumption side of energy. Diversification of production towards renewable sources, especially in the electricity sector, will be crucial in the coming years. Although Bosnia and Herzegovina will face certain challenges due to slower regulatory framework and infrastructure project development, with the right approach, we can become part of the global movement towards sustainability,” said Prof. Musić.

He particularly emphasized that the focus of the energy transition will be on innovations and new technical-technological solutions:

“In the coming period, we expect innovations in renewable energy technologies, increased conductor capacities at the same voltage levels, as well as further digitalization and decentralization of energy systems. The IT sector and artificial intelligence will play a key role in maintaining the stability and reliable operation of the system,” concluded Musić.

Dr. Admir Softić, chairman of the SECW Program Committee and Assistant Minister for Energy at the Ministry of Foreign Trade and Economic Relations, highlighted expectations for concrete actions after this event:

“The conclusions from SECW will serve as a basis for drafting recommendations related to the implementation of international obligations regarding sustainable energy. We plan to form advisory groups composed of participants of this event, which will work on developing concrete projects and initiatives. Our vision is for SECW to not just be a platform for discussion but also a catalyst for real changes in energy policy.”

Dr. Softić also emphasized the importance of networking different stakeholders to promote joint projects:

“One of the key outcomes of this year’s SECW is strengthened cooperation between authorities, the private sector, NGOs, and the academic community. This dialogue is crucial for sharing knowledge and experience, which will help us achieve common sustainable development goals.”

Mirsad Jašarspahić, President of the Chamber of Commerce of FBiH, envisions the future of SECW with an increasingly significant role in shaping energy policy—not only in BiH but also in the wider region.

“This international event has the potential to become the leading platform for discussions on key issues related to energy transition and climate change and to set standards for similar events in the future. The Chamber of Commerce will continue to support SECW to keep it relevant and influential in the years to come,” announced Jašarspahić.

Zina Jusić from the SECW Organizing Committee expressed gratitude to all partners, sponsors, and participants:

“This event would not have been as successful without the support of our partners, patrons, sponsors, and media partners. Their contribution was crucial for the quality of the panels and events. We sincerely thank everyone who helped us realize this important project and look forward to future cooperation,” said Jusić.

The general impression of all SECW participants is that this event has become a key platform for regional and international dialogue on energy and climate, with new projects and partnerships already agreed upon during this year’s edition for the coming year.

The third Sarajevo Energy and Climate Week (SECW 2025) will be held from September 22 to 26, 2025.

SECW 2024 was organized by the Chamber of Commerce of the Federation of BiH and nLogic Advisory, with support from the Ministry of Foreign Trade and Economic Relations of BiH, EU4Energy, Adriatic Metals BiH, Porsche BiH, and SEI, under the high patronage of Dr. Denis Bećirović, Chairman of the Presidency of BiH, and numerous partners. Partner countries were the United Kingdom and Norway.

All information, daily bulletins, and panel materials are available on the website www.secw.ba.