Kosovo is a lower-middle-income country which has experienced solid economic growth over the last decade. Kosovo is one of only four countries in Europe to experience growth in every year since the onset of the global financial crisis in 2008.
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Other countries in the Western Balkans have been similarly at risk, and not just from floods. Too little water in summer months has also had hefty consequences for other countries: the 2012 drought in... Show More + Albania reduced the country’s hydropower supply, exacerbating fiscal deficits to cover emergency power imports. Droughts and heat waves have resulted in severe agricultural production losses in FYR Macedonia in 2007-08 and 2011-12.Western Balkan countries are not well-prepared for such disasters, and scientists are warning us that climate change will only make matters worse. These countries need to think now about how to create more resilient societies going forward.With global warming of close to 1.5ᵒC above pre-industrial times already locked in, and a 40 percent chance to exceed 4ᵒC before 2100 if no further action is taken, the recent World Bank report, Turn Down the Heat: Confronting the New Climate Normal, finds that weather extremes considered as occurring every 100 years at most m Show Less -