Copyright: Umweltbundesamt

Workshop in Green Debt instrument training with focus on credible transitions.

30 November – 1 December 2023

Capacity building for local authorities

The workshop was held to train 30 public authorities from the six Western Balkans economies and to build their capacities in Green bond issuance, taxonomies and green transition. The participants also had a chance to provide feedback and indicate themes in which support from EU4Green experts would be appreciated and needed. These themes include taxonomy development, policy change and implementation and coordination with other governmental institutions and decision-makers.

Awareness raising within the public sector in the region has been highlighted as a key driver to implementing the Green Agenda for the Western Balkans. Empowering local authorities with an understanding of the foundational concepts and practical elements of sustainable finance will not only be crucial for their transition domestically, but it will also foster regional cooperation and upsurge in capital flows amongst Western Balkans as a region and between them and the European Union.