The acting Minister of Industry, Entrepreneurship, Trade, and Innovation, Mimoza Kusari Lila, and the Swiss Ambassador to Kosovo, Jürg Sprecher, have formalized a significant five-year commitment aimed at advancing sustainability within the nation’s economy. The parties executed an agreement titled the “Green Transformation of Private Enterprises in Kosovo (GPEK).”
This comprehensive initiative is backed by a total budget of 8.78 million Swiss francs. According to official statements, the collaboration involves the Ministry of Industry, Entrepreneurship, Trade, and Innovation, in partnership with the Swiss Agency for Development and Cooperation (SDC).
The funding structure is further strengthened by co-financing from the Swedish International Development Cooperation Agency (SIDA). The primary objective of this agreement is to bolster the green transition across the private sector in Kosovo. The support framework established through this partnership is scheduled to operate over the period spanning 2026 to 2031.
The signing of this agreement underscores a strategic international effort to modernize Kosovo’s industrial base. By focusing resources on the private sector, the initiative seeks to integrate environmentally sustainable practices into the operational models of local businesses. The involvement of Swiss development partners highlights a commitment to supporting Kosovo’s sustainable economic development goals through structured financial and technical assistance.
Topics: #kosovo #agreement #swiss
This funding could really help push Kosovo’s businesses toward sustainability.
What specific areas of business transformation will receive funding under the agreement?