INVESTMENT FOR THE GREEN ECONOMY- A SOLUTION FOR SUSTAINABLE DEVELOPMENT AND FOR GETTING OUT OF CURRENT ECONOMIC CRISIS Cover Image

INVESTMENT FOR THE GREEN ECONOMY- A SOLUTION FOR SUSTAINABLE DEVELOPMENT AND FOR GETTING OUT OF CURRENT ECONOMIC CRISIS
INVESTMENT FOR THE GREEN ECONOMY- A SOLUTION FOR SUSTAINABLE DEVELOPMENT AND FOR GETTING OUT OF CURRENT ECONOMIC CRISIS

Author(s): Ana Popa
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: investment; green economy; crisis; Romania

Summary/Abstract: This article discuss about the importance of green economy investments, both in terms of sustainable development, and also in terms of environmental projects that can be a solution for getting out of current economic crisis. In the first part the article analyzes the evolution of environmental investments in Romania after EU accession. The environmental policy in Romania has been influenced by the European Union's financial instruments to support environment. This study reveals some progress in this direction, but also points out the amount of difficulties in launching and implementation of investment projects, through the Sectoral Operational Program Environment - SOP ENV. The Romanian political leaders and the general public are beginning to perceive and to accept the idea of green economy, and environmental activities will soon become a <modus vivendi>, because the investments on environmental and green economy are both the cause and effect for all three components of sustainable development: natural, economic and social.

  • Issue Year: XXXIX/2011
  • Issue No: _
  • Page Range: 1-8
  • Page Count: 8
  • Language: English
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