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Human Capital

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Investment value

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Grant value

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Loan value

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Fairness and inclusiveness are important in ensuring that the benefits of recovery and growth are shared by everyone and that no one is left behind. A well-functioning labour market and a well-trained and productive workforce are crucial for a resilient economy. The Commission will strengthen the dialogue with the Western Balkans to foster the implementation of the European Pillar of Social Rights (EPSR) in the region. The EU aims to support the development of human capital by increasing IPA funding, in particular as regards the reform priorities identified in the Economic Reform Programme process and joint policy guidance in the areas of education and skills, employment, and social protection and inclusion. Emphasis will also be put on youth, health, culture and sport.

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Investment Priorities

Latest News

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Western Balkans prime ministers attend EBRD investment summit
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02-03-2022

Western Balkans prime ministers attend EBRD investment summit

The European Bank for Reconstruction and Development (EBRD) welcomed on Monday 28 February, the heads of gover...

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European Commission launches €3.2 billion investment package in the Western Balkans
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25-02-2022

European Commission launches €3.2 billion investment package in the Western Balkans

Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transp...

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EU and Germany Support Improvement of Student Dormitories in Albania
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10-11-2021

EU and Germany Support Improvement of Student Dormitories in Albania

Through the EU-supported Regional Energy Efficiency Programme for the Western Balkans (REEP/REEP Plus), 19 stu...

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Economic and Investment Plan for the Western Balkans

Fairness and inclusiveness are important in ensuring that the benefits of recovery and growth are shared by everyone and that no one is left behind. A well-functioning labour market and a well-trained and productive workforce are crucial for a resilient economy. 

The Commission will strengthen the dialogue with the Western Balkans to foster the implementation of the European Pillar of Social Rights24 (EPSR) in the region. The EU aims to support the development of human capital by increasing IPA funding, in particular as regards the reform priorities identified in the Economic Reform Programme process and joint policy guidance in the areas of education and skills, employment, and social protection and inclusion. Emphasis will also be put on youth, health, culture and sport.

To support employment and offer solutions and perspectives for young people at local level, the Economic and Investment Plan proposes the investment Flagship 10 - Youth Guarantee.

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Improving labour market participation

A priority, especially for young people and women, disadvantaged groups and minorities, in particular Roma.

Reforms of social protection

The inclusion systems, including social care services, will be a priority considering the human development gap with the EU.

Health systems reform

Strengthened health insurance and the resilience of public health systems will be supported, also in the light of lessons learnt from the COVID-19 pandemic.

Wider involvement of the civil society

Encouraging innovative solutions, promoting social entrepreneurship to tackle social challenges.

Economic opportunities in the creative and cultural sector

Contribution to the region’s sustainable tourism potential and implementation of 2018 Framework for Action on Cultural Heritage.

Achieved Results

2009 - 2021

  • Better schools for 96,600 students/year
  • 5 higher education and research facilities
  • Healthcare and treatment facilities for 1.8 million people
  • 7 new and refurbished judiciary facilities

Expected Results

2022 - 2030

  • Better schools for 150,000 students/year
  • 35 higher education and research facilities
  • Healthcare and treatment facilities for 9.7 million people
  • Social housing solutions for at least 8,200 people
  • Basic infrastructure for 35,000 people in rural areas
  • 4 new and refurbished judiciary facilities

Youth Gurantee

The Youth Guarantee is an activation scheme to ensure that all young people receive a good quality offer of employment, continued education, apprenticeship or traineeship within a period of four months of becoming unemployed or leaving formal education. The Youth Guarantee flagship should be implemented by Western Balkan governments in line with the EU Youth Guarantee. It is proposed to implement it in four phases, which could all potentially benefit from EU support.

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Latest Videos

Publications

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WBIF Newsletter April 2022
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08-04-2022

WBIF Newsletter April 2022

WBIF Newsletter April 2022

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WBIF 2022 Endorsed Flagship Projects
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25-02-2022

WBIF 2022 Endorsed Flagship Projects

The WBIF, on 23 February 2022, endorsed 21 flagship projects in key railway, road and waterway interconnection...

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WBIF Bilateral Donors
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01-11-2021

WBIF Bilateral Donors

WBIF Bilateral Donors factsheet (last updated in November 2021).

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Partner Financial Organisations

Western Balkan Partners