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Germany to back climate action in Serbia with EUR 309 million package

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Photo: Ministry of European Integration

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October 13, 2021

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Published:

October 13, 2021

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Serbia and Germany have signed a declaration of intent on strategic cooperation in the field of climate action, worth EUR 309 million. With technical and expert assistance from Germany, Serbia will continue to work on strategic documents related to decarbonization, CO2 emissions, and renewable energy sources, according to Serbian Minister for European Integration Jadranka Joksimović.

Based on the declaration, Serbia will develop an institutional model, she said, adding that the strategic documents will be developed through a working group that will include German experts.

German experts will be part of a working group drafting the strategic documents

Joksimović said that teams from all Serbian government ministries and members of the German delegation will go through all important projects to identify the areas where German financial assistance and grants would be the most beneficial.

The signing of the declaration was announced during German Chancellor Angela Merkel’s recent visit to Belgrade. However, it was not specified at the signing ceremeny whether the EUR 309 million will come in the form of loans or grants.

Flachsbarth: the EUR 309 million is a package allocated for one year

State Secretary at the Federal Ministry for Economic Cooperation and Development Maria Flachsbarth, who signed the document on behalf of the German government, said the amount of EUR 309 million is a package allocated for one year.

Joksimović said that the declaration is an important document for Serbia’s EU integration process, adding that she hopes the country will soon be able to open Cluster 4 of its EU accession talks, which covers energy, transportation, environmental protection, trans-European networks, and digitalization.

Serbia hopes to open Cluster 4 of EU membership talks

Recalling that Europe aims to become a climate neutral continent by 2050, Joksimović said that the cooperation between Serbia and Germany confirms the two countries’ readiness to join the global climate initiative and work jointly on creating a green, resilient, and sustainable economy.

Brnabić: Serbia needs investment of EUR 6 billion in wastewater treatment plants alone

Prime Minister Ana Brnabić, who attended the signature, said that the Serbian government key goals are to improve air quality, solid waste management, and wastewater treatment.

According to her, Serbia needs investments of about EUR 6 billion in wastewater treatment plants alone in order to meet European standards.

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