The proposed investment is due to be voted on by the government soon, making it climate neutral by 2050.
Romania intends to direct these investments, worth 2.069 billion euros, to three main energy-consuming sectors: land transport, buildings, and industry, according to Economica.net.
In these important sectors, the allocated funds will be used to purchase highly efficient machines, technologies and equipment (new vehicles, heating and cooling systems and industrial technologies. Part of the funding will be directed towards enhancing energy efficiency in buildings).
According to the document, these investments will have “positive impacts by creating new jobs, economic growth and a healthier environment.”
Romania’s goal is to achieve climate neutrality by 2050, which involves an impressive 99% reduction in net emissions compared to 1990 levels.
It is expected that most investments will come from private economic entities and individuals.
Romania will also use European funds to reach climate neutrality.
(Catalina Mihai | Euractiv.ro)
