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Uroš Đorđević, Account Executive, Dell Technologies

Pioneer in the New Era of Digital Tech

Dell Technologies is a corporation that’s oriented towards technological innovation and keeps pace with technological trends in every sense, which includes AI Speaking in this...

Ana Toskić Cvetinović, Executive Director, Partners for Democratic Change Serbia

The Rule of Law is Vital Ana

Partners Serbia is an organisation that’s dedicated to advancing the rule of law and developing civil society and institutions in Serbia and around the...

Ioanna Batsialou Ph.D., Director and Owner of the Ioanna Regen Polyclinic

Passion is Key to this Job

Ioanna Batsialou Ph.D. is the director and owner of the Ioanna Regen Polyclinic, which specialises in physical medicine, rehabilitation, mesotherapy, aesthetics and anti-aging treatments Our...

Maja Marić, Country Manager Operations, CPI Property Group

Retail Parks Remain Fashionable

A key part of the company culture at CPI Property Group Serbia, which forms part of a family firm that was founded in the...

Jadran Belgrade

Construction of First Regional Science and Technological Park Underway

Construction company Jadran, which can boast of a tradition dating back more than seven decades, has been entrusted with the reconstruction of the former...

Danijela Božanić, climatologist/climate change expert

Why We’re Vulnerable

Serbia is more exposed to climate change than other countries and lacks sufficient capacity to adapt to altered climatic conditions, which is why it sustains damage and losses that are much worse than those experienced by countries that carefully approach this problem

A ccording to the 2023 Report of the Intergovernmental Panel on Climate Change, average global temperatures in the 2011-2020 period were up 1.1°C compared to the period from 1850 to 1900. This rise corresponds to an average temperature increase of 0.90°C in Europe compared to the levels from 1961 to 1990.

Meteorological measurements for Serbia show that, compared to the 1961-1990 period, this temperature increased by more than 1.4°C in the 2001-2020 period (1.8°C from 2011 to 2020). In other words, the territory of Serbia is warming faster than the global and European average, which can lead us to conclude that the country is more exposed to climate change.

Alongside exposure, vulnerability also depends on sensitivity (the level of losses and damage) and the capacity to transform to handle altered climatic conditions (adaptation). Extreme weather events caused by climate change during the 1980-2021 period led to losses of 560 billion euros in EU member states. Minimal damage and losses sustained in Serbia in the period from 2000 to 2020 totalled a value of approximately seven billion euros. A simple calculation leads to the conclusion that losses and damage in Serbia are much greater than those sustained in the EU and that they are growing over time.

Such a ratio between losses and damage in Serbia and the EU provides an indirect indication of Serbia’s lack of capacity for adaptation. This is also confirmed by some global analyses and indices that position Serbia as the hardest hit country in Europe, ahead of Bosnia-Herzegovina and Albania when taking into account systemic readiness, or the economic, social and political readiness to adapt in a timely manner.

Every dollar invested in adapting to altered climatic conditions brings a total economic benefit of between two and 10 dollars

Serbia, thus, is not in an enviable position in both cases. More specifically, it is among the worst hit countries with the least systematic readiness to adapt in Europe. Setting aside assessments of capacity and political readiness – though I believe they are interdependent and also determine the level of investment and financing – the fact is that Serbia does not have the required funds designated for adaptation. It isn’t even known that detailed sector-specific assessments of the needs exist, despite it having been shown that every dollar invested in adapting to altered climatic conditions brings a total economic benefit of between two and 10 dollars.

An effective and systematic approach to adaptation could be ensured by the adopting and implementing of the National Adaptation Plan of the Republic of Serbia, as well as the determining of specific measures and actions at the level of subnational regions and local governments. It is essential to integrate expected future changes to the climate into sectoral and local policies and measures, which currently isn’t the case. Securing the full implementation of the Law on Climate Change, in the section related to monitoring and reporting on adaptation, would also ensure the strengthening of capacities and the raising of public awareness. It is essential to work systemically with the population on improving their understanding – both of the need to respond to changes that we are all aware of, and of the multiple benefits brought by those responses.

Early announcements and advanced warnings represent a significant “measure” when it comes to reducing the risks caused by extreme weather events. Viewed globally, there are various methods of providing early announcements and advanced warnings that are based on detailed analyses that’s distinctive to specific countries.

Slađana Prica, retired ambassador, member of the Forum for International Relations and honorary president of the UNA of Serbia

Diplomatic Response Overdue

The issue of the so-called ‘self-proclaimed’ Kosovo joining Europe’s oldest political organisation has long been an open question. Attempts have been made and lobbying...

Slobodan G. Markovich, Institute for European Studies and Faculty of Political Science

U.S. Elections More Critical for EU Future than EP Elections

While the EU’s right-wing parties are expected to make gains, these gains shouldn’t be expected to substantially alter the composition of the Parliament or...

Ivana Radić Milosavljević, Assistant Professor in European Studies at the University of Belgrade - Faculty of Political Sciences

Not all Right-Wing Parties are Likeminded

The outcome of the European Parliament election is unlikely to cause a dramatic shift in EU policy, particularly foreign policy, but it could hamper...

Rajko Petrović, Research Associate at the Institute of European Studies

The EU Idea is Stronger than the Outcome of Less Important Elections

The electorate’s shift to the right won’t change the nature and essence of the idea of the European Union, and thus neither will it...

EU Council Approves Instrument for Reform and Growth in Western Balkans

On 7 May 2024, the EU Council approved the Instrument for Reform and Growth in the Western Balkans, a...

Slovenia to Outpace Italy in Economic Power by 2029

Projected by the International Monetary Fund (IMF) to rise significantly in economic stature, Slovenia is set to surpass Italy...

Momentum For Change

The second annual ESG Adria Summit was held in Tivat, Montenegro, under the theme “Act now for a sustainable...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

Slovenia to Outpace Italy in Economic Power by 2029

Projected by the International Monetary Fund (IMF) to rise significantly in economic stature, Slovenia is set to surpass Italy...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Slovenia to Outpace Italy in Economic Power by 2029

Projected by the International Monetary Fund (IMF) to rise significantly in economic stature, Slovenia is set to surpass Italy...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...
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