Advancing Green Finance for Sustainable Development in Kosovo: Lessons and Regional Perspectives

Session

Management Business and Economics

Description

Green finance is emerging as a key driver for sustainable development worldwide. This study examines its potential to accelerate Kosovo’s transition to a low-carbon, resilient economy. Drawing on international literature, illustrative case studies, and a 71% response survey from ministries, the EBRD, and commercial banks, the research identifies promising opportunities in renewable energy, energy efficiency, and circular economy initiatives. At the same time, institutional and regulatory barriers are highlighted, emphasizing the need for stronger governance, technical capacity, and cross-sector collaboration. Beyond national insights, the study extracts lessons relevant for neighboring countries, providing actionable guidance for policymakers and financial institutions aiming to embed green finance into development strategies. By exploring both opportunities and constraints, this research demonstrates how targeted financial mechanisms can effectively support environmental objectives while fostering economic resilience. Furthermore, it contributes to the regional discourse by emphasizing Kosovo’s emerging role in advancing sustainable finance within the Western Balkans.

Keywords:

Green finance; sustainable development; renewable energy; circular economy; institutional frameworks; regional lessons

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-982-41-2

Location

UBT Lipjan, Kosovo

Start Date

25-10-2025 9:00 AM

End Date

26-10-2025 6:00 PM

DOI

10.33107/ubt-ic.2025.434

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Oct 25th, 9:00 AM Oct 26th, 6:00 PM

Advancing Green Finance for Sustainable Development in Kosovo: Lessons and Regional Perspectives

UBT Lipjan, Kosovo

Green finance is emerging as a key driver for sustainable development worldwide. This study examines its potential to accelerate Kosovo’s transition to a low-carbon, resilient economy. Drawing on international literature, illustrative case studies, and a 71% response survey from ministries, the EBRD, and commercial banks, the research identifies promising opportunities in renewable energy, energy efficiency, and circular economy initiatives. At the same time, institutional and regulatory barriers are highlighted, emphasizing the need for stronger governance, technical capacity, and cross-sector collaboration. Beyond national insights, the study extracts lessons relevant for neighboring countries, providing actionable guidance for policymakers and financial institutions aiming to embed green finance into development strategies. By exploring both opportunities and constraints, this research demonstrates how targeted financial mechanisms can effectively support environmental objectives while fostering economic resilience. Furthermore, it contributes to the regional discourse by emphasizing Kosovo’s emerging role in advancing sustainable finance within the Western Balkans.