In a move poised to reshape Serbia’s environmental trajectory, the European Bank for Reconstruction and Development has granted a €50 million loan to support the country’s battle against air pollution.
The funding—channeled through Serbia’s Ministry of Finance and implemented by the Ministry of Environmental Protection—targets the decommissioning of ageing, high-emission heating systems in six municipalities.
In their place, modern, low-carbon heating infrastructure will be introduced, reducing reliance on imported fuels and cutting carbon emissions across public institutions.
This strategic partnership signals a deepening alignment between Serbia and European green standards. Beyond climate impact, the initiative strengthens Serbia’s diplomatic ties with international financial institutions at a time when environmental policy is a central pillar of global cooperation.
As the Western Balkans face mounting pressure to decarbonise, Serbia’s investment in cleaner heat may prove both a political and ecological turning point.