This Regional Western Balkans Countries Climate and Development Report (CCDR) stands out in several ways. In a region that often lacks cohesive regional alliances, this report emphasizes how the challenges faced across countries are often common and interconnected, and, importantly, that climate action requires coordination on multiple fronts. Simultaneously, it illustrates the differences across countries, places, and people that require targeted strategies and interventions. This report demonstrates how shocks and stressors re intensifying and how investments in adaptation could bring significant benefits in the form of avoided losses, accelerated economic potential, and amplified social and economic spillovers. Given the region’s high emission and energy intensity and the limitations of its current fossil fuel-based development model, the report articulates a path to greener and more resilient growth, a path that is more consistent with the aspiration of accession to the EU. The report finds that the net zero transition can be undertaken without compromising the economic potential of the Western Balkans and that it could lead to higher growth than under the Reference Scenario (RS) with appropriate structural reforms.
Authors
- Associated content
- Press Release
- Citation
- “ World Bank Group . 2024 . Western Balkans 6 Country Climate and Development Report . CCDR Series . © Washington, DC: World Bank Group . http://hdl.handle.net/10986/41881 License: CC BY-NC-ND 3.0 IGO . ”
- Collection(s)
- Country Climate and Development Reports (CCDRs)
- DOI
- https://doi.org/10.1596/41881
- Identifier externaldocumentum
- 34364923
- Identifier internaldocumentum
- 34364923
- Pages
- 13
- Published in
- United States of America
- Region country
- Albania
- RelationisPartofseries
- CCDR Series
- Report
- 192577
- Rights
- CC BY-NC-ND 3.0 IGO
- Rights Holder
- World Bank Group
- Rights URI
- https://creativecommons.org/licenses/by-nc-nd/3.0/igo/
- UNIT
- ECA Regional Director (SCADR)
- URI
- https://hdl.handle.net/10986/41881
- date disclosure
- 2024-07-16
- region administrative
- Europe and Central Asia
- theme
- Social Safety Nets,Mitigation,Job Creation,Human Development and Gender,Economic Policy,Skills Development,Green Growth,Social Protection,Social Development and Protection,Economic Growth and Planning,Environment and Natural Resource Management,Private Sector Development,Labor Market Policy and Programs,Active Labor Market Programs,Environmental policies and institutions,Climate change,Urban and Rural Development,Jobs,Adaptation,Flood and Drought Risk Management,Macroeconomic & Structural Policy Modelling,Disaster Risk Management
Files
Table of Contents
- Table of Contents 3
- Acknowledgments 6
- Abbreviations 8
- Executive Summary 10
- Chapter 1 22
- Climate and Development Context 22
- 1.1. Current Development Plans and Objectives 23
- 1.2. Risks and opportunities related to the impacts of climate change 26
- Chapter 2 48
- Climate Commitments Policies and Capacities 48
- 2.1. Climate plans and commitments 49
- 2.2. Implementation Outlook 52
- Chapter 3 58
- What can be done Adaptation and mitigation 58
- 3.1. People and Places Deep Dive 59
- 3.2. Reimagining the Energy Systems to Mitigate Climate Change 67
- Chapter 4 78
- What will the future bring Macroeconomic impacts 78
- 4.1. Development trajectories 79
- 4.2. Climate hazards and the impact of adaptation investments 79
- 4.3. The transition to net zero by 2050 82
- 4.4. Macroeconomic impacts of adaptation and mitigation some implications 86
- 4.5. Financing needs and options 87
- 4.6. Enabling a private sector response and green growth opportunities 94
- 4.7. Trade in environmental goods and green value chain 97
- Chapter 5 100
- Conclusions and recommendations 100
- Annexes 106
- ANNEX 1. WB6 climate change action background and case studies 107
- ANNEX 2. Macro model growth scenarios and detailed mitigation results 110
- ANNEX 3. Detailed Recommendations on Priority Policy Actions and Investments 112
