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Financial instability threatens the investments for environmental protection in Romania

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Author Info

  • Ana POPA
  • Laura GIURCA VASILESCU

    (University of Craiova)

Abstract

The environmental sustainability depends on the correct identifying of the investment needs as well as on the creation of financing possibilities of these investment projects. The integrated Europe underlines the fact that the environmental investment projects should be subscribed to the cohesion policy with a lot of objectives established by the Lisbon Strategy, on March 2000. First of all, in Romania, the main idea is that the environmental sustainability must be integrated into core development work, maximizing the synergies. Secondly, the environmental investments need the financing funds and the good ability to access these funds. Thirdly, the financial instability threatens the investment for the important environment projects but in these conditions, should be done more minor projects, promoted by the small business sector.

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Bibliographic Info

Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Finance - Challenges of the Future.

Volume (Year): 1 (2009)
Issue (Month): 9 (May)
Pages: 122-126

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Handle: RePEc:aio:fpvfcf:v:1:y:2009:i:9:p:122-126

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Keywords: instability; investments; environmental protection; cohesion policy;

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