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Progress and Challenges of the NRRP Low Carbon Economy Reforms in the Residential Building Sector in Bulgaria

Author

Listed:
  • Teodora Peneva

    (Economic Research Institute, Bulgarian Academy of Sciences)

Abstract

The article analyses the progress and challenges encountered in implementing low-carbon economy reforms within the building sector, as mandated by the National Resilience and Recovery Plan as a component of the instruments supporting the EU Green Deal. It highlights the role of the building sector in the broader policy framework for economic decarbonization, delves into the formulation of the reforms and identifies key issues within them, while also addressing the challenges faced in their execution. In conclusion, the article asserts that the anticipated outcomes of the reforms fall short of expectations, warranting a reassessment, redesign, or additional corrections for their effective application.

Suggested Citation

  • Teodora Peneva, 2023. "Progress and Challenges of the NRRP Low Carbon Economy Reforms in the Residential Building Sector in Bulgaria," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 11(2), pages 37-42, December.
    • Handle: RePEc:ntu:ntugeo:vol11-iss2-37-42
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    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_11_no_2/geo_2023_vol11_no2_art_005.pdf
    File Function: First version, 2023
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    More about this item

    Keywords

    Environmental Sustainability; Housing; Government Policy;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • 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
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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