Serbia will receive a $65 million loan from the World Bank to maintain its railway infrastructure, the Bank announced. "This loan represents the second tranche of the Multi-Phase Program Approach (MPA) for the Railway Sector Modernization Project in Serbia, helping the country build a safer, more efficient and climate-friendly...
World Bank: Loan for Serbia to maintain railway infrastructure Read More »
The six economies from the Western Balkans should jointly invest at least 37 billion dollars in the next decade for adequate protection of citizens and property from the increasingly harmful effects of climate change - concludes the regional report on climate change and development of the World Bank. Implementing appropriate measures to respond to climate change can have...
World Bank: Climate change will cost the Western Balkans billions of dollars Read More »
The six economies of the Western Balkans must collectively invest at least $37 billion over the next ten years to effectively protect their people and assets from the damaging and escalating impacts of climate change, according to the Western Balkans Regional Climate and Development Report ( CCDR) of the World Bank Group. The benefits of…
Ana Akhalkaci is the new director of the World Bank for the European Union with an office in Brussels. Akhalkaci will lead the Bank's dialogue with the member states of the European Union, which are its clients, and with the EU institutions. – She will be in charge of operational and advisory work with governments, stakeholders and partners in order to...
The Georgian Akhalkatsi is the new director of the World Bank for the EU Read More »
In the past 50 years, Macedonia has been facing an increasing number of floods, extreme heat waves, fires and heavy rainfall. In the last two decades alone, the country has faced 12 climate change-related disasters affecting 1,3 million people. With the growth of global warming, the situation is expected to worsen in the coming years, and the report...
The World Bank recommends that Macedonia undertake reforms to deal with climate change Read More »
