Policy Based Loan Resilience and Green Development

ongoing

The Albanian authorities have requested the World Bank and AFD to support them in setting up an agenda of structural reforms in terms of environmental and climate policies. The reforms are structured around three main pillars: (i) strengthening the resilience of government and house-holds through, in particular, taking climate impacts into account in budget implementation and prioritizing public investments, (ii) promoting renewable energy and energy efficiency and (iii) strengthening environmental protection and reducing the carbon footprint, notably through the promotion of the circular economy, improvement of  management of protected areas or establishment of a system for monitoring and controlling greenhouse gas emissions.