Since the endorsement of the Priority Environmental Investment Programme for South Eastern Europe in 2003, the REC has been continuously working to strengthen the institutional capacity in South Eastern Europe (SEE) to address the environmental investment challenge. In parallel, the specific conditions of the region have been analysed to better address the needs for — and remove barriers to — a more efficient financing process.
This publication focuses on the key actions to be taken by SEE governments, municipalities, international donors, international financial institutions and other key environmental players in order to overcome the obstacles and to respond better to the investment challenge. Information is provided on foreign sources of financing, which can play an important, catalytic role, although the main efforts in environmental financing must be made by the countries themselves.
Targeting the Environmental Investment Challenge in South Eastern Europe
(PDF document, 2.2 MB)