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Green Transition

 

Earth and recycling image for the Green transition project page

 

Recognising that the shift to a circular economy is of growing importance in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia), which contributes to a more sustainable use and preservation of natural resources, as well as lower production costs and higher resource independence, the OECD has launched a new project Supporting Green Transition through Circular Economy Roadmaps, co-financed by the European Commission. The project’s aim is to assist governments from the region in preparing and implementing circular economy roadmaps to accelerate their green economic recovery and growth, in line with the Green Agenda for the Western Balkans.

Climate change and environmental degradation represent an existential threat to the South East Europe region and globally. To overcome and turn these challenges into opportunities, there is an urgent need to design and implement new reforms that support the green transition. Boosting economic growth that does not come at an environmental cost is particularly pertinent in the post-COVID-19 context. As such, the green transition holds promise not only for rendering economies more environmentally sustainable, but also making them more resilient to future shocks.

For more than 20 years, the OECD has been assisting the South East Europe economies in becoming more environmentally friendly through the greening work under Competitiveness Outlook and SME Policy Index assessments and the related meetings and peer exchanges.

 

Publications:

 Relevant OECD work on green transition: 

Contacts: Anita RICHTER, Acting Head of Division and Jovana PAVLOVIC DJUKICTeam Lead – Green Economy and Sustainability 

 

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*This designation is without prejudice to positions on status, and is in line with United Nations Security Council Resolution 1244/99 and the Advisory Opinion of the International Court of Justice on Kosovo’s declaration of independence.

 

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