What is North Macedonia's just energy transition investment platform?

North Macedonia today launched a just energy transition investment platform to guide its far-reaching plans for a low-carbon and just transition of the electricity sector.

Should North Macedonia accelerate the transition to renewables?

Like others in the region, North Macedonia must balance its need to rapidly accelerate the transition to renewables to secure its energy future with the need to ensure that future is one where both the country’s nature and people thrive.

How will the green economy transition impact North Macedonia?

The green economy transition will bring net economic benefits, supporting North Macedonia in entering green value chains and increasing the competitiveness of its economy. However, coal-reliant regions may be impacted unevenly.

Is EBRD a partner of North Macedonia?

“We are very proud to be a partner of North Macedonia in this innovative country-led platform, which blends government commitment, international support and private finance to accelerate a just energy transition,” said the EBRD’s President Renaud-Basso.

Is North Macedonia a good candidate for smart sitting?

Seeing the country’s forward-thinking approach to renewables and natural beauty, The Nature Conservancy (TNC) identified North Macedonia as a prime candidate for the implementation of the smart siting approach currently being undertaken in Croatia and Serbia as well.

Does North Macedonia need a coal phase-out?

Even though the country has historically been dependent on lignite coal mining for around 30% and gas imports for an additional 15% of its electricity production, it has nonetheless set very ambitious goals for decarbonization. As part of the Powering Past Coal Alliance, North Macedonia has committed to a coal phase-out by 2027.