Green Economy - The Engine of Economic Growth and Development in Romania in the Context of Climate Change

Abstract

In recent years, the issue of climate change management has been intensely debated as a subject of national interest, as extreme weather events have had negative effects on Romania through significant economic losses in most industrial sectors. In the context of a negative scenario of increasing global warming, the economic situation of the country, under the impact of climate change, would deteriorate significantly. However, as a responsible member of the European Union and the global community, Romania contributes to harnessing the opportunities for gains from active climate change management by increasing the expansion and efficient use of resources that will improve competitiveness, by green technologies and practices that will reduce local pollution, and by resilient approaches to climate change that will protect against weather-related risks. Resilient and adaptive measures by the state to manage the impacts of climate change can generate inclusive, green and long-term growth in the state's economy, resulting in improved human well-being and social equality.