SUPPORTING THE EXIT FROM THE CRISIS AND THE TRANSITION TO A CLIMATE-NEUTRAL ECONOMY

Georgiana Chitiga
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Georgiana Chitiga: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2023, vol. 11, issue 1, 190-197

Abstract: The article has as a starting point the fact that Europe must face both the current unprecedented environmental and climate challenges and the recovery from the economic and social impact of the COVID-19 pandemic. These challenges require coherent policies, while also underlining the need to mobilize private financial and capital flows towards green investments. We maintain that the measures prove the ambitions of the European Union and the European countries, by establishing long-term objectives with concrete targets and by creating new financial instruments that reflect the scale of the challenge we face. At the same time, the goal is to lead to the achievement of a sustainable, healthy, strong and egalitarian economy, which requires taking into account all the measures that define the future of the European economy and society.

Keywords: post-Covid recovery; climate-neutral economy; investments (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:11:y:2023:i:1:p:190-197

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