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Green Transition Changes The DNA Of Existing Business Processes

Dec 8, 2022

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The green transition is changing the DNA of existing business processes, it is a great investment opportunity, and it must be implemented quickly because we don't have time to wait, Marko Čadež, the President of the Chamber of Commerce and Industry of Serbia said today at the opening of the two-day Look UP Conference dedicated to ecology and energy.

Čadež pointed out at Kopaonik that the CCIS was the first in the region to publish the Green Declaration on the transformation of the Serbian economy in 10 points. This presents a kind of Roadmap through the green transition, but also a Roadmap for the state on economic policies and incentives that should be adopted in this area, Čadež added.
In his words, green transformation is key to improving the competitiveness of the economy, attracting new investments in higher-value products such as electric cars, and batteries. The investment revolution is at our doors, and large companies from Asia are transferring production to Europe. Hungary is an excellent example, and in order for our region to catch up with these positive changes, it must become part of the EU single market, Čadež assesses. The President of the CCIS  particularly advocated for a just ecological transition in which the most vulnerable groups of society will be taken into account.

Minister of Environmental Protection, Irena Vujović said that the strategic goal of the Government of Serbia is EU membership, but also the implementation of the Green Agenda for the Western Balkans, which confirms the constant dialogue with European institutions, the adoption of standards in the field of ecology and industry and their implementation through strategic documents that Serbia adopted or will adopt.

"Serbia needs 12.7 billion euros to comply with EU standards and regulations out of which 12.4 billion euros are investments in the water sector," Vujović said.
The Look UP conference gathered more than 400 participants and more than 55 experts who will discuss ecology, energy, green construction, and e-mobility in eight panels...

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