Serbia a and Bosnia and Herzegovina among countries to improve green transition scores

The countries are among those that improved their 2018 scores in the area of green transition compared to 2017, while the scores of Albania, FYR of Macedonia, Kosovo* and Montenegro, remained unchanged, according to the European Bank for Reconstruction and Development’s (EBRD) Transition Report 2018-19 and article by Balkan Green Energy News

 

Many economies where the EBRD invests have made progress in the area of green transition by ratifying the Paris Agreement and making legislative commitments to reduce greenhouse gas (GHG) emissions, according to the report.

Overall, however, significant challenges remain across the EBRD regions in the area of green transition, particularly as regards (i) reducing emissions in the construction, industrial and energy sectors, (ii) strengthening resistance to the negative impact of climate change in the area of agricultural production, and (iii) increasing protection for land and marine areas.

In many parts of the EBRD regions, additional work also needs to be carried out with a view to increasing the amount of electricity that is derived from renewable sources, according to the report.

EBRD economists have developed a methodology which measures transition economies’ progress against six key qualities of a sustainable market economy, looking to see whether they are competitive, well-governed, green, inclusive, resilient and integrated.

Read the whole article here

Geographical focus
  • Bosnia and Herzegovina
  • Serbia
Scientifc field / Thematic focus
  • General

Entry created by Admin WBC-RTI.info on November 16, 2018
Modified on November 16, 2018