Albania is in the last miles on the road to membership in the European Union and the banking system can give another boost to this process. Before knocking on the doors of the European Union, Albania must be ready. For a "yes" instead of a "no", the country must first integrate economically and have finance and sustainable development at the center.
"Today's signing of the agreement for the development of green financial systems in Albania marks an important step in the country's alignment with the EU Green Deal and its agenda for sustainable finance, which is also part of Albania's integration process and negotiations with the EU," said the Governor of the Bank of Albania, Gent Sejko.
The "opportunities conditioned by challenges" on the difficult path to membership in the "union" with the ambitious objective of 2030 is also recognized by international institutions. Therefore, to facilitate the journey, the country will be assisted by the European Investment Bank.
“Through the EIB’s Green Financial Systems Programme, we will develop a green taxonomy and strengthen the regulatory framework for addressing climate risks. The green taxonomy will serve as a guide for classifying sustainable activities, helping to channel funds towards projects that have a positive impact on the environment and increasing transparency for investors and financial institutions.”
The Bank of Albania and the European Investment Bank signed a cooperation agreement between the two financial institutions. The ceremony was attended by the Vice President of the European Investment Bank, Robert de Groot, and the Head of Cooperation at the EU Delegation to Albania, Hubert Per. (A2 Televizion)
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