Carbon pricing can play ‘pivotal’ role in Western Balkans energy transition, says World Bank

Published 15:58 on July 17, 2024  /  Last updated at 15:58 on July 17, 2024  / /  Carbon Taxes, CBAM, EMEA

Carbon pricing mechanisms can play a pivotal role in transitioning the economies of the Western Balkans by incentivising clean energy investments, limiting their exposure to the EU's carbon tariff, while raising revenue that can be used to support vulnerable communities, the World Bank said in a report published Wednesday.
Carbon pricing mechanisms can play a pivotal role in transitioning the economies of the Western Balkans by incentivising clean energy investments, limiting their exposure to the EU's carbon tariff, while raising revenue that can be used to support vulnerable communities, the World Bank said in a report published Wednesday.


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