The WB report says: Albania, one of Europe’s most disaster-prone countries, needs $6 billion in investments over the next decade to protect against climate risks, while returns on adaptation could reach €10 for every €1 invested.

It says that without action, climate-related damages could cost the country 7% of its GDP. With reforms and private-sector engagement, Albania can transition to renewables, reduce emissions, and unlock new economic opportunities.

“Climate action is not just a necessity; it’s a pathway to sustainable growth and resilience,” said Emanuel Salinas, World Bank Country Manager for Albania.
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