In a defining moment for North Macedonia’s green transition, the European Bank for Reconstruction and Development (EBRD) has launched the ‘Green and Growth’ programme in partnership with Sparkasse and NLB banks.
As coal plants near closure in Pelagonia and the Southwest, this initiative offers vital credit to local businesses investing in clean technology, energy efficiency, and sustainable infrastructure.
Backed by $85 million from the Climate Investment Funds (CIF) and aligned with the country’s ambitious goal to cut greenhouse gas emissions by 82% by 2030, the scheme marks a major step in the Accelerating Coal Transition (ACT) programme.
It’s not just about cleaner energy—it’s about social justice, economic resilience, and future-ready communities.
With a proven track record in green finance, Sparkasse and NLB aim to empower businesses and uplift regions long tied to coal, while EBRD continues its legacy as a driving force for sustainable change in the Balkans.
