Greening global value chains: Emerging countries’ upstream industries
Accelerating the decarbonization of energy-intensive industries in emerging economies is crucial for achieving global net-zero emissions targets.
Accelerating the decarbonization of energy-intensive industries in emerging economies is crucial for achieving global net-zero emissions targets.
As European businesses consider bringing their global operations closer to home the Western Balkan region stands to benefit from it.
While public interventions are crucial, global transformation requires the deep engagement and alignment of the private sector.
The region’s high labour and capital costs present a serious challenge to its competitiveness.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.