Monday, 16th September 2024

Regional Leaders Commit to Joint Energy Transition and Environmental Protection

In a pivotal trilateral meeting, energy ministers from Montenegro, the Republic of Srpska, and Serbia have come together to forge a path toward sustainable energy transition and strengthened regional cooperation, setting a precedent for collaborative efforts in environmental protection and renewable energy development

In a notable trilateral meeting, energy and mining ministers from Montenegro, the Republic of Srpska, and Serbia convened to discuss regional cooperation on energy projects and strategies for an equitable energy transition. This gathering underscores a collective resolve to tackle the challenges posed by shifting towards renewable energy sources, while also ensuring the security of energy supply.

Dubravka Đedović Handanović, Serbia’s Minister of Mining and Energy, emphasized the shared regional goal of increasing the share of renewable energy and reducing greenhouse gas emissions. She advocated for collective efforts in building new energy capacities, suggesting that mutual success lies in collaboration on energy projects and interconnectivity. Đedović Handanović highlighted the strategic importance of the Trans-Balkan Corridor, which aims to enhance the region’s energy network and facilitate the integration of renewable sources.

Saša Mujović, Montenegro’s Minister of Energy and Mining, focused on the importance of strengthening transmission capacities vital for the three parties. He argued for a unified approach towards the Energy Community and other European institutions to advocate for common goals, highlighting the need for financial support and flexible timelines to ensure a just and sustainable energy transition.

Petar Đokić, the Minister of Energy and Mining of the Republic of Srpska, expressed gratitude for the collaborative spirit of the meeting and stressed the Republic of Srpska’s interest in regional cooperation on energy matters. He outlined the commitment to enhancing the transmission and distribution network essential for integrating new renewable energy capacities. Đokić specifically mentioned the ongoing project of the Buk Bijela hydroelectric plant, stressing the importance of addressing environmental concerns in line with expert opinions.

All three ministers recognized the unique challenges faced by their regions in transitioning away from coal and the limited access to funds compared to EU countries. They agreed on the necessity of collaborating to secure financial support and fair terms for the energy transition that do not compromise energy security.

This meeting marked a step forward in regional cooperation, showcasing a united front on energy policy, environmental protection, and the pursuit of sustainable development goals.

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