GREEN FISCAL POLICY IN MOLDOVA: ALIGNMENT WITH THE EUROPEAN UNION STANDARDS FOR SUSTAINABLE TRANSITION

Corina Chironachi () and Dorina Clichici ()
Additional contact information
Corina Chironachi: PhD Student, Academy of Economic Studies of Moldova Doctoral School, Moldova
Dorina Clichici: PhD, Institute for World Economy, Romanian Academy, Romania

Economy and Sociology, 2025, issue 2, 37-50

Abstract: Moldova has been a candidate country for European Union (EU) membership since 2022. With this status came the commitment to align its national policies with European standards. This article analyses the current state of green fiscal policy, the actions needed to meet EU requirements, and highlights its role in the green transition and sustainable development. The methodology used includes both a comparative analysis of the legal framework and a quantitative analysis of green tax revenues between 2018 and 2024, the data being selected from the Eurostat and the Ministry of Finance of Moldova databases. The results suggest that fiscal policies are not yet fully integrated into a coherent strategy for financing the green transition. However, progress has been made towards building an environmental taxation system. Several obstacles have been identified. These include the lack of a comprehensive carbon-pricing system, underfunding of green projects, and structural and administrative barriers. This article is relevant due to the main gaps and opportunities for fiscal alignment that have been identified. It was emphasised that the establishment of a carbon pricing system, climate budget tagging (CBT), and extended producer responsibility (EPR) schemes is necessary. The paper provides insights for policy decisions, helping to transform green fiscal policy from a mere revenue-raising tool into an engine for Moldova’s sustainable transition.

Keywords: Moldova; green fiscal policy; ecological taxes; sustainable transition; fiscal instruments; European standards (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://economy-sociology.ince.md/index.php/Econom ... article/view/250/317 (application/pdf)
https://economy-sociology.ince.md/index.php/Econom ... article/view/250/318 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aat:journl:y:2025:i:2:p:37-50

DOI: 10.36004/nier.es.2025.2-03

Access Statistics for this article

Economy and Sociology is currently edited by Olga Gagauz

More articles in Economy and Sociology from The Journal Economy and Sociology Contact information at EDIRC.
Bibliographic data for series maintained by Iordachi Victoria ().