IDEAS home Printed from
   My bibliography  Save this article

Evaluation Of The Risk Of Financing Projects Of Environmental Protection


  • Piciu, Gabriela Cornelia

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian AcadCamelia)

  • Manolescu, Gheorghe

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Balasescu, Florin Razvan

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Chitiga, Georgiana

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Dragoi, Catalin

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Predescu, Iuliana

    (Romanian-American University, Bucharest, Romania)

  • Borza, Mioara

    (Al. I. Cuza University, Iasi, Romania)

  • Picu, Alina

    (Spiru Haret University, Bucharest, Romania)


The research project approaches multidimensionally the financing of environmental protection from the perspective of directing, correlating and consolidating the financial flows circumscribed to the regeneration of an economy affected by environmental deterioration due to the very activities defining the economic mechanisms and circuits. The purpose of the project is to identify, by scientific, methodological and empirical analysis of the concepts, principles and arguments imposed by the economic theory, the risks of financing the projects of environmental projects and to evaluate their effects because their neglecting, individual approach or erroneous dimensioning might have unfavourable and unforeseen consequences in terms of the efficiency of the environmental strategies and policies. The objective of the study is the reveal the interdependency and interaction between the flows and circuits financing the environmental projects, showing the necessity for punctual, distributive, correlative and multiplicative financing of the environmental protection. This must be done from an expanded and prospective spatial and temporal vision by a compositional approach of the risk for environmental investments within the complex network of the social, economic and financial risks generated by the global system of the human praxis focused on the binomial of the human-environment interdependence.

Suggested Citation

  • Piciu, Gabriela Cornelia & Manolescu, Gheorghe & Balasescu, Florin Razvan & Chitiga, Georgiana & Dragoi, Catalin & Predescu, Iuliana & Borza, Mioara & Picu, Alina, 2012. "Evaluation Of The Risk Of Financing Projects Of Environmental Protection," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 16(1), pages 132-143.
  • Handle: RePEc:vls:finstu:v:16:y:2012:i:1:p:132-143

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Iuliana DOBRE & Carmen-Lenuþa TRICA & Gabriela Cornelia PICIU, 2011. "Fundamental Criteria In A Management Plan Of A Protected Area," Proceedings of the International Conference Investments and Economic Recovery, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 71-77, December.
    2. Iuliana Predescu & Gabriela Cornelia Piciu & Antoniu Predescu Author-Workplace-Name: Spiru Haret University, 2010. "Risk Diagnosis And Evaluation Vs. The Alternative Strategies Of Financing The Complex Resources-Economy-Environment Network Working In An Integrative-Regenerative Industrial Economy," Romanian Economic Business Review, Romanian-American University, vol. 5(4-1), pages 89-96, Winter-Sp.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item


      risks of financing; financing per project; investments in environmental protection;
      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


      Access and download statistics


      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vls:finstu:v:16:y:2012:i:1:p:132-143. See general information about how to correct material in RePEc.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: .

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Mateescu (email available below). General contact details of provider: .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.