In line with overall EU priorities and the commitments made by Western Balkan leaders at the Sofia Summit of November 2020, we intend to provide substantial support for the Green Agenda, digital transformation and inclusive access to finance.
As the EU Bank, all our activities in the Western Balkans are governed by an EU mandate. This means that our financing contributes to the implementation of the EU’s enlargement policy and supports the relevant national development plans. Looking to the future, the EIB is working together with the European Commission to support the rollout of the Economic and Investment Plan announced in 2020. This plan is a blueprint for the socioeconomic recovery and development of the region, promoting investments in the areas of sustainable transport, inclusive growth, the green and digital transitions and the creation of the common market.
EIB has a long history of supporting socioeconomic development in Serbia (€6.2 billion invested to date) across key sectors of the economy
It aims to support the implementation of substantial reforms and enable the countries of the region to benefit from up to €9 billion of EU grants under the Instrument for Pre-Accession (IPA). This grant support will be combined with financing from EIB and other leading International and European Financial Institutions and should also crowd in financing from private sector investors.
In line with overall EU priorities and the commitments made by Western Balkan leaders at the Sofia Summit of November 2020, we intend to provide substantial support for the Green Agenda, digital transformation and inclusive access to finance. We strongly encourage investments that will enable the creation of a well-connected common market that’s aligned with EU standards. As the Climate Bank of the EU, EIB stands ready to support a sustainable green recovery and the transition towards a greener economy. Facilitating greater investments in the energy sector for more sustainable and energy efficient projects is a central pillar of the EIB strategy for Serbia.