Strategy for low-carbon development of the Republic of Serbia for the period from 2023 to 2030 with projections until 2050.

This Strategy for low-carbon development of the Republic of Serbia for the period from the year 2023 until the year 2030 with projections until the year 2050 aims to support Serbia in fulfilling its obligations under the Paris Agreement by reducing greenhouse gas emissions. The Strategy outlines various measures and goals for the period 2023-2030, with projections until 2050, to transition towards a low-carbon and climate-resilient economy. It includes specific objectives for reducing emissions in different sectors, increasing energy efficiency, and promoting the use of renewable energy sources. The Strategy also emphasizes the importance of aligning with EU policies and increasing ambitions over time to meet climate targets.
The vision here stated is that, by 2050, Serbia will be a low-carbon society with a competitive and resource-efficient economy which provides to citizens new, green jobs and a quality life in a climate-resilient society. The vision and strategic objectives imply that combating the causes and impacts of climate change should be done in a socially just and cost-effective way, following a sustainable development approach based on which a fairer, more equal and climate resilient society will be built; the economy will successfully compete with other economies under the same conditions, and the environment will be protected for the benefit of future, but also current generations. The Strategy also includes specific targets for reducing GHG emissions by 2030 and 2050, compared to 2010 levels, and outlines the necessary legislative and regulatory changes to support all measures here listed (which include different sectors such as energy, industry, transport, agriculture, forest and waste). The implementation of these measures is expected to be supported by public financing, private sector investments, and international funding sources. Action Plan to the Low Carbon Development Strategy 2024 -2030 shall be adopted within a year from the date of the adoption of the Strategy.