Albania advances green finance framework with European Investment Bank support

TIRANA, April 24 – Albania’s Financial Supervisory Authority held talks with the European Investment Bank on developing a national green investment guide and strengthening sustainable finance standards.

The meeting brought together experts from the European Investment Bank, led by Alessandro de Concini, the institution’s representative in Albania. Discussions focused on progress in the national green taxonomy, supported through a programme linked to green recovery and European Union integration efforts.

The head of the Financial Supervisory Authority, Adela Xhemali, welcomed the bank’s technical and financial support in developing the taxonomy for sustainable finance. She linked the initiative to obligations under the financial services chapter of Albania’s EU accession framework.

Both sides also reviewed priorities for aligning Albania’s financial sector with European Union legislation. They explored ways to deepen cooperation and expand institutional partnership in sustainable finance.

The Financial Supervisory Authority said the European Investment Bank plays a central role in supporting green transition efforts. It added that the partnership contributes to financial system development and Albania’s broader integration process with the European Union.

/a.p./

The post Albania advances green finance framework with European Investment Bank support appeared first on RTSH English.

Original post Here

News
Another section of Pan-European Transport Corridor VIII opens, works continue on Elbasan–Qafë Thana road

TIRANA, August 7 – Prime Minister Edi Rama announced that another section of Pan-European Transport Corridor VIII has opened for traffic as works continue on the Elbasan–Qafë Thana road axis. The new section stretches from the exit of Labinot-Fushë village to beyond Miraka village. It includes two lanes for both …

News
Albania advances in implementing EU Growth Plan

TIRANA, August 7 – Albania continues to make progress in implementing reforms linked to European integration and has received financial support under the European Union’s Growth Plan for the Western Balkans. According to the EU-funded platform “WEBALKANS_eu”, Albania has made strong and sustainable progress. The platform said the country has …

News
Public consultations begin on new territorial map

TIRANA, August 7 – Cërrik and Maliq municipalities have started public consultations on the new territorial map. The proposal would reduce the number of municipalities in Albania from 61 to 46. Cërrik Municipality said it launched the process after receiving a notification from Parliament. The consultation period on the draft …