Renewables

State leaders endorse Green Agenda for Western Balkans at Sofia summit

Green Agenda for Western Balkans Sofia summit

Photo: Republic of Bulgaria Council of Ministers

Published

November 10, 2020

Country

Comments

comments icon

0

Share

Published:

November 10, 2020

Country:

Comments:

comments icon

0

Share

Bulgarian Prime Minister Boyko Borissov said countries in Southeastern Europe that intend to join the European Union agreed with its Green Agenda for the Western Balkans. The summit was organized in Sofia within the Berlin Process and co-hosted by North Macedonia’s Prime Minister Zoran Zaev.

Top officials from the European Union, its member states and the governments of countries of Southeastern Europe attended a summit in Sofia today. It was organized in the framework of the Berlin Process. Bulgaria’s Prime Minister Boyko Borissov said the leaders of the states in the region that are attempting to join the EU have agreed with the Green Agenda for Western Balkans.

“We want those people to have a higher income and we want to keep those people living in the region”, he stated.

Huge potential for growth and job creation

The endorsement of the action plan for the common regional market and the said agenda will boost economic growth while also addressing some of the related environmental and health challenges and offering huge potential for growth and job creation, said Prime Minister of North Macedonia Zoran Zaev, who co-hosted the meeting.

The common regional market is as a step toward joining the European Single Market.

Zaev: We have entered a new stage of our cooperation

Zaev stressed the Western Balkans Guarantee Facility may bring EUR 20 billion in investments, in addition to the planned EUR 9 billion in grants. “We have entered a new stage of our cooperation,” he underscored.

Get along with each other

German Chancellor Angela Merkel offered congratulations on the progress in the transition to a CO2-free economy in light of the COVID-19 pandemic challenges. “You have to get along with each other. Don’t forget this. It is really important,” she said.

“You have to get along with each other”, German Chancellor Angela Merkel told Western Balkan governments

The initiative is part of the EUR 9 billion Economic and Investment Plan for the Western Balkans. It should be implemented with IPA III funds. The Green Agenda for the Western Balkans is a blueprint for climate action, circular economy, biodiversity, sustainable food systems and rural areas and the fight against pollution.

EU’s development plan offers opportunities for green transition

The development plan defined projects in areas of sustainable transportation, clean energy, the environment and climate, digitalization, human capital and the private sector. Some of the flagship components are renewables, transition from coal, the Renovation Wave and waste and wastewater management.

European Commission President Ursula von der Leyen, its Vice-President and High Representative for Foreign Affairs and Security Policy Josep Borrell and Neighbourhood and Enlargement Commissioner Olivér Várhelyi attended the meeting.

Also present at the summit, which was mostly held online due to the coronavirus pandemic, were the representatives of the Regional Cooperation Council, Regional Youth Cooperation Office (RYCO), Central European Free Trade Agreement (CEFTA), Organisation for Economic Co-operation and Development (OECD), European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD).

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia