Sustainability Study of Projects Financed by European Funds in Romania, the South-Muntenia Development Region

Gherasim Elvira Alexandra () and Bocăneală Ana-Maria ()
Additional contact information
Gherasim Elvira Alexandra: Bucharest University of Economic Studies, Bucharest, Romania
Bocăneală Ana-Maria: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2023, vol. 17, issue 1, 2184-2195

Abstract: The European Nation EU is a promoter of the idea of sustainable development. Projects developed and implemented with the help of European funds can contribute significantly to the transition towards sustainability, as they facilitate innovation, development and knowledge transfer. Mainstreaming sustainability in the EU projects goes hand in hand with the development indicators set by the United Nations and, beyond that, affects regional and local development. The identification of sustainable activities requires from the beneficiaries of EU funds a good knowledge of the sustainability indicators present in the guidelines and funding applications. Even if sustainability does not have a method to be measured, it can be shown through examples of good practice in EU-funded projects. This article tries to fill this gap, contributing to a better understanding of the initiation of project activities related to sustainability by: presenting the sustainability aspects mentioned in the funding guidelines, proposing a framework for describing sustainable activities: With the help of the 5 good practice -examples of projects related to axis 4.1 Reducing carbon emissions in county municipalities through investments based on sustainable urban mobility plans we indicate examples of activities and projects aiming at sustainable urban development. In a critical discussion, we analyzed the need to build a tool to measure sustainability in projects. Finally, we draw conclusions on the potential for growth and development towards sustainability in EU-funded projects, as these projects contribute to local and therefore regional, development.

Keywords: European funds; development region; carbon emissions; EU-funded projects; sustainability of projects (search for similar items in EconPapers)
Date: 2023
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/picbe-2023-0191 (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:vrs:poicbe:v:17:y:2023:i:1:p:2184-2195:n:30

DOI: 10.2478/picbe-2023-0191

Access Statistics for this article

Proceedings of the International Conference on Business Excellence is currently edited by Alina Mihaela Dima

More articles in Proceedings of the International Conference on Business Excellence from Sciendo
Bibliographic data for series maintained by Peter Golla ().