EU Donor Conference Raises €800 Million for BiH – EU

Yesterday’s donor conference in Brussels, organized by the European Commission along with Slovenia and France, succeeded in raising funds for post-flood reconstruction in BiH and Serbia.

Delegations of over 60 countries and 23 international organisations, as well as representatives from the civil society and private sector gathered in Brussels on 16 July 2014. The conference once again illustrated the great solidarity for Bosnia and Herzegovina and Serbia and managed to overall mobilise pledges of €809.2 million for Bosnia and Herzegovina and €995.2 million for Serbia to face the financial needs for 2014 of 650M€ and 830 M€ respectively. €41.4 million were pledged for cross-border activities.

The recipient and donor states agreed that the reconstruction work funded by the donors would include efforts to improve risk management practices, as well as civil and environmental protection.

Republika Srpska’s prime minister, Zeljka Cvijanovic, praised the donor states for their assistance, and called on them to practice the same level of transparency that RS has already guaranteed in its own flood relief efforts.

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