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Building A Competitive, Low-Carbon And Climate Change-Resilient Economy

Author

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  • CHITIGA, Georgiana

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

The effects of climate change are becoming more and more visible; they are already manifesting themselves and are intensifying due to the increasing accumulation of greenhouse gas (GHG). The starting point of the article is the presentation of the situation in which we find ourselves, Europe's commitment in the field of combating climate change, in achieving zero emissions of greenhouse gas. The potential to reduce GHG emissions exists, both at the EU level and in Romania. Firm actions are required, both on the part of governments, citizens and the private sector in the direction of their reduction, through new solutions and technologies, and, simultaneously, for practical adaptation to the new realities. We will highlight the challenges that await us.

Suggested Citation

  • CHITIGA, Georgiana, 2022. "Building A Competitive, Low-Carbon And Climate Change-Resilient Economy," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 199-209, October.
    • Handle: RePEc:vls:rojfme:v:10:y:2022:i:1:p:199-209
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    More about this item

    Keywords

    climate change; reducing greenhouse gas emissions; solutions;
    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

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