The purpose of the signed memorandum is to provide a framework for strengthening cooperation between UNDP and the Federal Ministry, each in accordance with their mandates, in areas of mutual interest, namely sustainable and inclusive growth, democratic governance and the provision of people-oriented public services, and social cohesion.

"This is a very important Memorandum of Understanding for the Federal Ministry of Energy, Mining and Industry with one of our key partners, the United Nations Development Programme. We will work on the creation of strategic documents, and potentially on some other projects that we agree on. It is very important that this will last for the next five years. I think that all parties and all citizens of the Federation of Bosnia and Herzegovina will benefit from this," said Minister Lakić.

The goals and expected results of cooperation, foreseen in the Memorandum, are derived from the goals set in the relevant strategic documents of BiH, as well as the United Nations Sustainable Development Cooperation Framework (UNDCF) for BiH 2021 - 2025, and the UNDP Program Document for BiH 2021 - 2025.

"The signing of the Memorandum of Understanding with the Ministry of Energy, Mining and Industry of the FBiH confirms our commitment to joint work and strengthening our long-standing partnership in the preparation and implementation of energy efficiency projects. By working closely together, we can further strengthen our efforts to increase measures and mechanisms aimed at bringing about positive changes in more households, benefiting more people and empowering more communities. Together, we can lead transformations towards a greener, more resilient future for everyone," said UNDP resident representative Nedera.