About Us
Learn more about North Macedonia’s Just Energy Transition Investment Platform and its mission to ensure a fair, inclusive, and sustainable shift to clean energy.
Building a just and sustainable energy future
The main strategic framework for the energy transition is the Just Transition Roadmap (JTR), which emphasizes inclusive governance, the active involvement of local stakeholders, and the need for tailored local development plans. Aside the decommissioning of the coal power plants and installation of RES capacities, the JTR highlights economic diversification, retraining of the workforce, creation of sustainable green jobs, and targeted support for vulnerable groups, including youth, women, and older workers. Gender and social inclusion are integrated as guiding principles throughout. To operationalize the Just Transition Roadmap, funds were mobilized from the Climate Investment Funds (CIF) through the Accelerated Coal Transition Investment Plan (ACT IP). The ACT IP is designed not only to channel resources into infrastructure development and clean energy projects, but also into small business creation in the coal-transitioning regions of Pelagonia and Southwest. Crucially, the scope goes beyond commercial energy projects: it also covers non-commercial initiatives, including energy efficiency improvements, environmental remediation, and measures to support workers and communities through reskilling, re-employment, and social programs. In this way, the ACT IP balances decarbonization priorities with socio-economic resilience. The JTR identifies four transition pathways that form the cornerstones of the Investment plan for Accelerated Coal transition.
What is JETIP?
North Macedonia was able to establish a Just Energy Transition Investment Platform (JETIP), which serves as a national coordination and financing mechanism that channels international and domestic resources into projects supporting coal phase-out, renewable deployment, and just transition for workers and communities and serves as a mechanism to inform international financial institutions and gain access to funding to finance projects relevant for the energy transition. In this context, and in the lead-up to the COP28 event, the multilateral banks and partners, led by the EBRD, proposed a Joint Declaration on the goals of the Just Transition Investment Platform of North Macedonia which was officialized during COP28 on December 3, 2023, thereby confirming their interest in supporting and financing the just transition process.
Purpose and Strategic importance: JETIP’s core purpose are to facilitate the country’s shift from coal-based energy to renewable sources in a way that also supports workers and communities. This platform serves as the central hub for planning and financing the transition – aligning national policies (like the NECP and Just Transition Roadmap) with international climate commitments and EU accession goals. By bringing together various funding streams and stakeholders, JETIP aims to ensure that investments in clean energy, grid infrastructure, and economic diversification are well-coordinated and effective. It is a key mechanism for North Macedonia to achieve its 2030 targets.
The Platform includes the following components and targets by 2030, aiming to mobilise financing and resources, including in grants and concessional resources to support its implementation:
- The deployment of 1.7 GW of renewable energy capacity, including procured competitively via auctions.
- Intention and plans to phase out of all 764 MW of coal-fired power plants, to enable a substantial emissions reduction.
- Strengthening of grid and storage infrastructure, reflecting development plans of the transmission and distribution system operators, to support absorption of renewable energy and energy security.
- Just transition support in line with the Just Transition Roadmap, adopted by the Government of the Republic of North Macedonia in June 2023, to ensure that the benefits of the green economy transition are shared, while protecting those whose jobs and livelihoods are affected by the coal phase out from falling behind.
Early results & measurable progress
To this end, the Platform focusses on holistic approach, encompassing the following components to support green and just energy transition
How we work with you
- Government & SOEs policy, regulation, and national projects.
- Donors & IFIs concessional finance, grants, TA, investment de-risking.
- Private sector project development, auctions, and innovation.
- Civil society & local communities consultation, inclusion, and social safeguards.