EBRD strengthens climate resilience in Serbia
Serbia, April 14 -- The European Bank for Reconstruction and Development (EBRD) is supporting Serbia's efforts to strengthen climate resilience, protect communities from flooding and improve long?term water security through the Pambukovica dam project, a significant investment in sustainable water infrastructure in western Serbia.The project is being supported by an EBRD sovereign loan of up to €66 million to the Republic of Serbia and will involve the construction and operation of a multipurpose dam and reservoir near the village of Pambukovica in the flood?prone Kolubara River basin.The Pambukovica dam will play a critical role in reducing flood risks in one of Serbia's most vulnerable regions, helping to protect people's lives, hom...
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