Public Finance and the Green Transition: Romania’s Strategic Path inImplementing the European Green Deal

This paper investigates the role of public finances in advancing Romania's green transition, in line with the commitments undertaken through the European Green Deal.The research aims to demonstrate how fiscal policies, and the strategic use of European funds, contribute to the development of a sustainable and competitive national economy.The overall objective is to identify and evaluate the main national and European financial instruments dedicated to supporting the green economy.To achieve this, three specific objectives are pursued: analyzing the relevant legislative framework, examining the sources of funding available for the period 2021-2030, and identifying institutional challenges, together with possible solutions.The case study on the Ministry of European Investments and Projects provides a concrete perspective on the absorption of funds for the green transition.The paper draws useful conclusions for public decision-makers, highlighting the need for integrated strategic planning and the involvement of private capital in the sustainable transformation process.

Publication Details

Journal
Ovidius University Annals Economic Sciences Series
Published
2025-08-31
DOI
https://doi.org/10.61801/ouaess.2025.1.72
Primary Topic
Geochemistry and Geologic Mapping
Type
article
Field-Weighted Citation Impact
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article

Public Finance and the Green Transition: Romania’s Strategic Path inImplementing the European Green Deal

Ovidius University Annals Economic Sciences Series
Geochemistry and Geologic Mapping
article

Public Finance and the Green Transition: Romania’s Strategic Path inImplementing the European Green Deal

article en

Abstract

This paper investigates the role of public finances in advancing Romania's green transition, in line with the commitments undertaken through the European Green Deal.The research aims to demonstrate how fiscal policies, and the strategic use of European funds, contribute to the development of a sustainable and competitive national economy.The overall objective is to identify and evaluate the main national and European financial instruments dedicated to supporting the green economy.To achieve this, three specific objectives are pursued: analyzing the relevant legislative framework, examining the sources of funding available for the period 2021-2030, and identifying institutional challenges, together with possible solutions.The case study on the Ministry of European Investments and Projects provides a concrete perspective on the absorption of funds for the green transition.The paper draws useful conclusions for public decision-makers, highlighting the need for integrated strategic planning and the involvement of private capital in the sustainable transformation process.

Ovidius University Annals Economic Sciences SeriesVol. 25(1)
Openalex Percentile: Top 37%
Geochemistry and Geologic Mapping
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Public Finance and the Green Transition: Romania’s Strategic Path inImplementing the European Green Deal · Ovidius University Annals Economic Sciences Series (2025) | TGRS Research Map | TGRS