Prime Minister Ludovic Orban said that Romania will benefit from European funding estimated at approximately 6 billion euros, through the Modernization Fund, in the period 2021-2030, and the funds will be allocated, in particular, to investments in cogeneration production capacities and renewable green energy.
Environment Minister Kostis Hatzidakis has decided to cut the red tape on renewal energy projects by dispensing some of them from environmental impact assessments and simplifying the approval procedures for others.
The aim of these decisions is to reduce the time from the submission of a plan to implement a renewable energy project to its approval to two years.
The Romanian government wants to give a strong signal of support to research and innovation by adopting a memorandum for the establishment of the ROHYDROHUB, Romanian Hydrogen and New Energy Technologies Hub, as research in the use of hydrogen as an energy source is a component worth encouraging, according to government's Secretary General Antonel Tanase.
Jeffrey Sachs is an eminent American economist and professor of sustainable development at Columbia University's School of International and Public Affairs. He had for many years been director of Columbia's Earth Institute, while he's served as special adviser for sustainable development to the last three secretary-generals of the United Nations.