EBRD Hosts Western Balkans Investment Summit 2024 to Foster Regional Development and Green Transition

EBRD Hosts Western Balkans Investment Summit 2024 to Foster Regional Development and Green Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to convene the Western Balkans Investment Summit 2024 at its London headquarters, gathering prime ministers from six Western Balkans nations alongside international investors. Scheduled for February 26, the summit aims to showcase potential investment and business prospects in the region while facilitating discussions on cross-border projects. Notably, a dedicated panel will focus on green energy initiatives, underscoring the EBRD’s commitment to promoting sustainable development and accelerating decarbonization efforts in the Western Balkans. With the region being a key priority for the EBRD, the summit marks the institution’s ongoing support for economic growth and green transition initiatives in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia.

(PRESS RELEASE) LONDON, 24-Feb-2024 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) will host the Western Balkans Investment Summit 2024 at its headquarters in London. The biennial event will take place on Monday 26 February at 09.00 GMT and will be streamed live on the EBRD website, LinkedIn and YouTube.

The event will bring together the six Western Balkans prime ministers, as well as international investors, with a view to highlighting potential investment and business opportunities in the region and to promoting regional cross-border projects.

The traditional highlight of the summit, the Interactive Prime Ministers Session, will see the regional leaders and the President of the EBRD address the audience and share their overall vision for the region. The session will feature an extended Q&A with international investors.

As promoting a green transition is the Bank’s key priority in the region, there will be a separate panel on green energy in the Western Balkans, which will bring together investors and key policymakers at ministerial level for a discussion on maximising private capital mobilisation to accelerate the region’s decarbonisation.

This is the sixth EBRD summit of its kind. The inaugural Western Balkans Summit took place at the EBRD ten years ago, in February 2014, bringing together all of the region’s heads of government for the first time.

The Western Balkans is a priority region for the EBRD that includes Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia. The EBRD is one of the largest institutional investors in the region, investing more than €18 billion there to date.

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SOURCE: EBRD