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Financing Environmental Projects In Romania.New Perspectives In The Frame Of The 2014-2020 Programming Period

Author

Listed:
  • DORU IOAN ARDELEAN

    (Vasile Goldis Western University of Arad, Faculty of Economics Sciences, Romania)

  • OLIMPIA NEAGU

    (Vasile Goldis Western University of Arad, Faculty of Economics Sciences, Romania)

  • VASILE LUCIAN LAZAR

    (Vasile Goldis Western University of Arad, Faculty of Economics Sciences, Romania)

Abstract

In its efforts to faces the challenges of emerging from the crisis, the EU tries to put the European economies on a sustainable growth path through the 2014-2020 Common Strategic Framework (CSF), sought as an instrument for implementing the Europe 2020 Strategy. According to the CSF thematic objectives, the European Commission proposed for 2014-2020 a new Multiannual Financial Framework, through which thematic concentration and performance incentives are expected to result in more effective spending. The CSF Funds will provide an important source of public investments not only in growth and jobs but in areas supporting them, such as environment protection or resource efficiency. The paper offers a insight of the financing of environmental projects in Romania in the frame of the new Programming period and according to the EU Cohesion Policy objectives for 2014-2020. According to the learned lesson from the previous programming period, for a successful implementation of CSF Funds, with an optimal impact, an appropriate policy and a legal and administrative framework in place are needed.

Suggested Citation

  • Doru Ioan Ardelean & Olimpia Neagu & Vasile Lucian Lazar, 2014. "Financing Environmental Projects In Romania.New Perspectives In The Frame Of The 2014-2020 Programming Period," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    • Handle: RePEc:bbn:journl:2014_2_5_ardelean
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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_2_2014.pdf
    File Function: Revised version, 2014
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    More about this item

    Keywords

    environmental projects; financing; EU Cohesion Policy; environmental policy;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • E - Macroeconomics and Monetary Economics

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