THE STRATEGY OF FINANCING THE ENVIRONMENTAL PROJECTS THROUGH THE NATIONAL ACTION PLAN FOR ENVIRONMENT IN ROMANIA

Popeanga Vasile and Alina Georgiana Holt
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Popeanga Vasile: FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION,“CONSTANTIN BRANCUSI” UNIVERSITY OF TARGU JIU, ROMANIA
Alina Georgiana Holt: FACULTY OF INTERNATIONAL RELATIONS, LAW AND ADMINISTRATIVE SCIENCES, ”CONSTANTIN BRANCUSI” UNIVERSITY OF TG -JIU

Annals - Economy Series, 2014, vol. 3, 70-73

Abstract: Environmental policy establishes long-term goals on environmental protection and the support of environmental policy must strike a balance between environmental investment demand and the financial offer, whose allocation mechanisms are complex and varied. In practice, the compliance with environmental objectives requires substantial financial resources that can exceed the financial capacity of operators, setting environmental objectives and selecting the optimal mix of instruments for implementation and financing mechanisms ca n be effective only if they are supported by clear regulations and strong enforcement measures. In this paper we have tried to highlight the main sources of financing the investment projects of environmental protection.

Keywords: financial support; financial resources; environmental policy; environmental investment; environmental areas (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2014:v:3:p:70-73

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