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Invest in haste, repent at leisure - Are IFIs behaving as if EU accession criteria and extreme energy losses do not exist in South East Europe?

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South-eastern Europe is riddled with poor planning and corruption in the energy sector and its governments are proving slow to react to the challenges and opportunities offered by the decarbonisation agenda.

This should be an opportunity for international lenders like the EBRD, the EIB and the World Bank to promote energy efficiency and sustainable renewables to shift the region's energy sectors towards lower carbon emissions.

So far, however, it is only happening in a few positive exceptions as our study and the projects that we monitor show.

Read more on Bankwatch's work in the Western Balkans

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