About this learning event

For the Western Balkans, developing sustainable finance taxonomy is a critical steptoward aligning regional financial systems with the EU Green Deal and sustainable investment goals. The RCC's Assessment of Sustainable Finance in Western Balkans (Nov 2024) highlights several challanges, including a fragmented market, limited regulatory clarity, and low product uptake. However, theres is a strong demand for a regional taxonomy that aligns with EU standards. A shared taxonomy would provide clarity for investors, ensure transparency, and act as a foundation for green bonds, environmental, social and governmental (ESG) financing, and climate-aligned financial instruments. This webinar will review strategic recommendations to overcome current challenges, such as fragmented national practices, scarce data availabilty, the complexity of taxonomy frameworks, lack of skilled technical personnel and weak demand from corporates and financial institutions caused by low awareness and high setup costs.

Target audience

This webinar is intended for public officials working in ministries of environment and climate change, ministries of finance, central banks and other public institutions involved in implementing the Green Agenda.

Partners

This event is delivered as part of the Greening Human Capital of Public Institutions of the Western Balkans project implemented by the CEF and supported by the Ministry of the Environment, Climate and Energy and the Climate Change Fund of Slovenia.