The National Bank of the Republic of North Macedonia announced it has successfully completed a climate risk training programme delivered in partnership with the European Investment Bank under the Green Financial Systems Programme, aimed at strengthening its capacity to address climate-related challenges and support green investment. More than 50 central bank staff received training on climate risks, green finance, and sustainability-related financial regulation for banks, with plans to share the acquired knowledge with other financial institutions domestically. The programme also produced climate risk maps for North Macedonia, conducted a national survey on companies’ awareness of sustainable business practices and the impact of climate change on their operations, and provided expert support to help establish a bank climate risk reporting framework aligned with international standards. Funding was provided by Germany’s Federal Ministry for Economic Affairs and Climate Action via the International Climate Initiative.
National Bank of the Republic of North Macedonia 2025-05-26
National Bank of the Republic of North Macedonia completes European Investment Bank-backed climate risk programme with staff training and risk mapping
The National Bank of the Republic of North Macedonia completed a climate risk training programme with the European Investment Bank, enhancing its capacity to address climate challenges and support green investment. Over 50 central bank staff were trained on climate risks and sustainability-related financial regulation, with plans to disseminate this knowledge domestically. The programme also developed climate risk maps, conducted a national survey on sustainable business practices, and supported establishing a climate risk reporting framework.