On June 22, 2023 The World Bank Board approved financing to the Republic of Croatia to advance research and innovation with a digital and green focus by improving institutional infrastructure and research performance of research organizations and firms.
The $116.4 million will facilitate the digital transformation and the green transition of the economy, increase resources for applied research and experimental development, and support the efforts of the Croatian government to strengthen its institutional capacity. Digital transformation with the integration of digital technologies will increase productivity and economic efficiency.
