The Bank of Albania and the European Investment Bank held a workshop on developing an Albanian National Green Taxonomy, focusing on governance, EU interoperability, and sustainable investment classification. Discussions emphasized coordinated efforts among public authorities, banks, civil society, and international partners. The European Investment Bank highlighted the Bank of Albania's broader green finance initiatives, including a Green Strategy and climate risk management guidance.
The Bank of Albania, together with the European Investment Bank, held a workshop on the principles, governance and EU interoperability of an Albanian National Green Taxonomy under the Technical Assistance Programme for Greening Financial Systems. The event framed the taxonomy as a classification system for identifying environmentally sustainable investments and as part of Albania’s financial services integration obligations under Chapter 9.
Discussions covered the taxonomy’s governance structure, development principles, criteria for selecting sectors and how to incorporate climate adaptation elements, with participants highlighting the need for coordinated work across public authorities, the banking sector, civil society and international partners. The European Investment Bank’s representative also pointed to the Bank of Albania’s wider green finance work, including its Green Strategy, guidance for banks on managing climate risks, development of a transition risk stress test and the establishment of a banking sector ESG Committee.
The Bank of Albania, in cooperation with the European Investment Bank, held a technical and inter-institutional workshop to present the first draft of Albania’s Green Taxonomy and collect feedback to support its finalisation and implementation. The draft taxonomy aims to enhance market transparency, direct finance towards sustainable economic…
The Bank of Albania signed a cooperation agreement with the European Investment Bank under the EIB Green Finance Systems Program to advance green finance and enhance financial-system resilience in Albania. The initiative includes developing a national green taxonomy, supporting banks in funding green projects, and building capacity to manage…
Bank of Albania Second Deputy Governor Natasha Ahmetaj called on banks and businesses to adapt to climate risks and European sustainability requirements. She highlighted banks’ role in directing capital toward sustainable activities and reviewed ongoing work with the European Investment Bank on an Albanian Green Taxonomy based on European…