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The Government of the Republic of Serbia

In the service of citizens

World Bank support for Serbia in transition to "green economy"

Belgrade, 12 May 2021

Prime Minister Ana Brnabic talked with World Bank Regional Director for the Western Balkans Europe and Central Asia Linda Van Gelder about future cooperation with this financial institution through environmental protection and energy transition projects, as well as support for the transition to a green economy.

Special attention will be paid to projects for raising environmental standards and technical support in the field of raising air quality, it was said at the meeting.

The Prime Minister stated that in recent years, approximately €600 million have been invested in the construction of filters in the thermal power plants "Kostolac" and "Nikola Tesla".

This is one of the most important environmental projects, considering that thermal power plants are recognized as one of the biggest polluters, the Prime Minister assessed.

Gasification and boiler replacement projects are underway, as well as the afforestation project, which will significantly affect the raising of air quality and the fulfillment of European Union standards and goals.

Brnabic added that by the end of the year, the construction of a wastewater treatment plant in local governments in Serbia will begin.

World Bank Director Linda Van Gelder said that this institution will provide technical assistance in resolving important environmental issues, which is also part of a broader programme of cooperation with Serbia and support for the structural reform program.

Speaking about the new cooperation programme, Van Gelder pointed out that the World Bank encourages and supports Serbia in the transition to a "green economy" and provides support for the environmental sustainability of the economy and the country's energy transition, which is also part of the European Union's green agenda.

The Prime Minister thanked the representatives of the World Bank for the cooperation so far and pointed out that she expected that the next cooperation program would be equally successful.