"It is not a novel fact that humanity is facing an immense climate crisis. A world devastated by climate change would be a world stricken by unimaginable human suffering. And the profound injustice is that the most vulnerable nations, populations and sectors would be disproportionately affected.
First come the vulnerable nations. Situated in one of the most climate-vulnerable regions in the world, the Mediterranean, North Macedonia is a small country with big climate ambitions. Our target is to reduce a net 82% of greenhouse gas emissions by 2030 compared to 1990 levels. This is not an easy task." COP28 High-level Segment – National statement by His Excellency Mr. Stevo Pendarovski, President of North Macedonia, December 09, 2023
Understanding to act better
Before implementing a decarbonisation strategy, it is crucial to consider the challenges associated with it. On the one hand, companies play a crucial role in the fight against climate change, whether directly or indirectly through their supply chain. On the other hand, they must anticipate the regulatory or legislative aspects related to this "low-carbon" transition. Finally, although decarbonisation entails initial investment costs, it improves companies' competitiveness by enabling them to meet the growing demand for sustainable practices, while reducing production costs and energy dependency.

Climate-related challenges

Regulatory challenges

Challenges related to competitiveness