Energy Affordability Under Pressure: What the EU’s new climate policy mechanism means for the Western Balkans
As candidates for European Union membership, the Western Balkans nations are committed to accelerating the decarbonization of their economies in compliance with the EU’s climate agenda. Still, the region continues to rely on carbon-intensive coal plants for its electricity generation. The newly introduced Carbon Border Adjustment Mechanism (CBAM) of the EU will increase the pressure to speed up…