Just Transition of Bosnia and Herzegovina: A Global Trend of Change

A clear testament to the fact that the just transition has become one of the world’s key strategies for change is the growing number of countries adopting it and the substantial financial resources being allocated to achieve its goals.

Notably, it’s not only large economies that are moving in this direction—smaller nations are participating as well. Recently, it was announced that Bosnia and Herzegovina will receive 83 million euros to support a just transition in its coal regions.

The loan, approved by the World Bank, aims to support Bosnia and Herzegovina’s National Energy and Climate Plan, strengthen energy independence, promote employment opportunities, and revitalize local economies in former coal-dependent areas.

The project consists of four core components for implementing a just transition in several coal regions. It also includes measures for social protection and skills development for workers and communities seeking opportunities beyond the coal sector.

A key element of the strategy involves constructing new power facilities, including a photovoltaic system with a peak capacity of 27 megawatts to be installed in two communities.

Despite a modest population of just 4 million, Bosnia and Herzegovina is investing tens of millions into its future—embracing the core principles of a just transition: protecting community interests, enhancing environmental and energy security, and creating the foundation for long-term economic growth. It is also telling that international institutions are increasingly willing to finance such efforts.

It is crucial that Ukraine not only remains engaged in this global movement, but also becomes one of its leaders. Ukraine’s coal communities, which are already successfully implementing just transition projects, are demonstrating the economic potential for continued international investment in regions previously reliant on fossil fuels.