Strategic Green Investment Fund (GSIF)

Facilitation

Facilitated private sector financing for the transition to a modern, efficient and competitive economy with zero greenhouse gas emissions by 2050.

Improvement

Improved alignment of North Macedonia with the Sofia Declaration on a Green Agenda for the Western Balkans from 2020 and with the requirements of the EGD.

Reduction

Reducing the fiscal burden on the Government and creating a fund that will have multiplier effects through increased private investment.

Acceleration

Encouraging accelerated economic growth by attracting foreign and domestic investment in the “green industries” and creating jobs.

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Key elements

Gevgelija zone – first green zone in the Balkans

  • Attracting green investments.
  • Development of medical and green components in the zone.
  • Application of green technologies.
  • Investment in photovoltaic power plants.
  • Zero greenhouse gas emissions by 2050.
  • Financial Options for Green Zone Components – Green Strategic Investment Fund.
  • Improving economic and social development.
  • Creating an environment care culture.
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