Publication:
Romania Toward a Low Carbon and Climate Resilient Economy: Benchmarking Study

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dc.contributor.authorWorld Bank
dc.date.accessioned2016-04-14T18:24:42Z
dc.date.available2016-04-14T18:24:42Z
dc.date.issued2015-12-31
dc.description.abstractThis report is about Romanis's Green growth benchmarking, which is a country-level diagnostic that helps define a country’s strengths and vulnerabilities in adopting a path to greener growth. The process of defining a country’s green growth path starts with an analysis aimed at mapping the country’s current position on a multi-dimensional green-growth chart, with each dimension defined by an indicator of green growth. A framework to define a list of questions key to understanding how Romania or any country compares in an international context is constructed with three considerations: “how green?,” “going green,” and “riding a green wave.” This framework is used to guide a benchmarking exercise that maps Romania against comparator countries and country groups using a dataset of more than 100 indicators for 69 countries. The following were the key findings: (i) Romania is well-endowed with natural resources, which, if used productively, can support strong and sustained economic growth; (ii) despite drastic improvements since the early 1990s, Romania’s economy has high intensity greenhouse gas emissions and high energy intensity. However, as a member of the European Union (EU) the country already faces obligations to reduce its emissions; (iii) making adaptations to protect tomorrow’s output from climate damage is also important for Romania, a country more vulnerable to climate change than others in the EU; and (iv) a greener world will require economic transition, and successful transformation will depend on the flexibility of the country’s economy--its ability to absorb shocks—and its readiness to take advantage of new opportunities. Romania does not appear ready to take advantage of new green opportunities: in research and development indicators and the innovation and knowledge economy, Romania lags far behind the EU. The following were the conclusions and recommendations: (i) this benchmarking exercise identified a selected set of issues within the broad green growth agenda which Romania should focus on as it considers how to move onto a greener growth path; and (ii) a country pursuing green growth might find regular benchmarking analysis of value in identifying emerging green issues.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/03/26048658/romania-toward-low-carbon-climate-resilient-economy-benchmarking-study
dc.identifier.doi10.1596/24061
dc.identifier.urihttps://hdl.handle.net/10986/24061
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCLIMATE VARIABILITY
dc.subjectJOBS
dc.subjectGREENHOUSE
dc.subjectENERGY SECURITY
dc.subjectLEAD
dc.subjectECONOMIC GROWTH
dc.subjectPOLICIES
dc.subjectCLIMATE CHANGE
dc.subjectFOSSIL FUELS
dc.subjectEMISSIONS INTENSITY
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectCARBON
dc.subjectINCOME
dc.subjectVALUE
dc.subjectENERGY PRICING
dc.subjectPOWER
dc.subjectWIND POWER
dc.subjectCLIMATE
dc.subjectDEMAND
dc.subjectFORESTS
dc.subjectWIND
dc.subjectSUSTAINABLE USE
dc.subjectEMISSIONS
dc.subjectHIGH ENERGY INTENSITY
dc.subjectHYDROPOWER
dc.subjectENERGY EMISSIONS
dc.subjectFOREST
dc.subjectWIND POWER RESOURCES
dc.subjectGAS
dc.subjectENERGY USE
dc.subjectCO
dc.subjectMARKET
dc.subjectENVIRONMENT
dc.subjectFOREST LANDS
dc.subjectCLEANER
dc.subjectPOLICY
dc.subjectAIR
dc.subjectGREENHOUSE GAS
dc.subjectCLEAN AIR
dc.subjectENERGY DEMAND
dc.subjectLAND
dc.subjectCLIMATE DAMAGE
dc.subjectINVESTMENT
dc.subjectPOWER SECTOR
dc.subjectACCESS TO FINANCING
dc.subjectCAPACITY
dc.subjectFUEL
dc.subjectENERGY INTENSITY
dc.subjectAVAILABILITY
dc.subjectWATER
dc.subjectLOW-CARBON
dc.subjectINVESTMENTS
dc.subjectPOLLUTION
dc.subjectIMPORTS
dc.subjectGASES
dc.subjectGAS EMISSIONS
dc.subjectURBAN POPULATION
dc.subjectNATURAL RESOURCES
dc.subjectFOSSIL
dc.subjectFUELS
dc.subjectEMISSIONS REDUCTION
dc.subjectGREENHOUSE GASES
dc.subjectENERGY
dc.titleRomania Toward a Low Carbon and Climate Resilient Economyen
dc.title.subtitleBenchmarking Studyen
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.date.disclosure2016-03-10
okr.date.doiregistration2025-05-07T10:30:20.739980Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2016/03/26048658/romania-toward-low-carbon-climate-resilient-economy-benchmarking-study
okr.guid777581468197634393
okr.identifier.externaldocumentum090224b0841eda94_1_0
okr.identifier.internaldocumentum26048658
okr.identifier.report103909
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/03/10/090224b0841eda94/1_0/Rendered/PDF/Romania000Towa000benchmarking0study.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRomania
okr.sectorEnergy and mining
okr.themeEnvironment and natural resource management :: Climate change
okr.themeEnvironment and natural resource management :: Environmental policies and institutions
okr.themeEconomic management
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnergy::Energy Production and Transportation
okr.topicEnvironment::Environment and Energy Efficiency
okr.topicEnergy::Energy Conservation & Efficiency
okr.topicEnergy::Energy and Environment
okr.unitENR GP ECA (GEN03)
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