Energy Efficienc and Renewable Energy /EE/RE) is gaining importance in Serbia and it is an explicit objective of the Serbia Government ot increase EE/RE. However, EE/RE investmentsnare still insufficiently mainly due to (i) a lack of awareness of the need to conserve/save energy on part of enterprises, municipalities and households and (ii) limited access to long-term financing for EE/RE invetments. The Project “Low Carbon Energy Facility” adresses these challenges. Under this Project up to three partner financial institutions (PFIs) will implement Credit Lines under this project to be extended as EE/RE loans to MSMs, private households and municipalities.
The objective of the project is to increase and deepen access of micro, small and mediumsized enterprisies, households and municipalities to EE/RE finance thus contributing to the deepening and broading of the financial sector as well as to climate protection through the reduction of energy consumption and CO2-emissions in Serbia.
MACS will provide technical assistance and implementation support to UniCredit Bank Serbia for the implementation of the LowCarbon Credit Line to increase access to EE/RE financing for MSMEs and private households in line with the KfW Sustainability Guidelines.
Nikola has an MSc in Electrical Engineering and his professional focus at MACS is on RE/EE projects, knowledge transfer and project management. Since April 2015, Nikola is also the Managing Director of MACS Serbia and responsible for the business development of this office.
Nikola is a “bankers engineer” – having performed technical due diligences of many RE/EE projects and countless RE/EE trainings for bank staff during implementation of RE/EE Credit Lines and loan products at banks in Western Balkan, Caucasus and Turkey.
On top of his technical skills, Nikola possesses outstanding language skills; he is fluent in English, German, Italian, Spanish and Russian besides his mother tongue Serbian.