Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study
This 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 pa...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/03/26048658/romania-toward-low-carbon-climate-resilient-economy-benchmarking-study http://hdl.handle.net/10986/24061 |
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okr-10986-240612021-04-23T14:04:19Z Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study World Bank CLIMATE VARIABILITY JOBS GREENHOUSE ENERGY SECURITY LEAD ECONOMIC GROWTH POLICIES CLIMATE CHANGE FOSSIL FUELS EMISSIONS INTENSITY GREENHOUSE GAS EMISSIONS CARBON INCOME VALUE ENERGY PRICING POWER WIND POWER CLIMATE DEMAND FORESTS WIND SUSTAINABLE USE EMISSIONS HIGH ENERGY INTENSITY HYDROPOWER ENERGY EMISSIONS FOREST WIND POWER RESOURCES GAS ENERGY USE CO MARKET ENVIRONMENT FOREST LANDS CLEANER POLICY AIR GREENHOUSE GAS CLEAN AIR ENERGY DEMAND LAND CLIMATE DAMAGE INVESTMENT POWER SECTOR ACCESS TO FINANCING CAPACITY FUEL ENERGY INTENSITY AVAILABILITY WATER LOW-CARBON INVESTMENTS POLLUTION IMPORTS GASES GAS EMISSIONS URBAN POPULATION NATURAL RESOURCES FOSSIL FUELS EMISSIONS REDUCTION GREENHOUSE GASES ENERGY This 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. 2016-04-14T18:24:42Z 2016-04-14T18:24:42Z 2015-12-31 Brief http://documents.worldbank.org/curated/en/2016/03/26048658/romania-toward-low-carbon-climate-resilient-economy-benchmarking-study http://hdl.handle.net/10986/24061 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Europe and Central Asia Romania |
| repository_type |
Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
CLIMATE VARIABILITY JOBS GREENHOUSE ENERGY SECURITY LEAD ECONOMIC GROWTH POLICIES CLIMATE CHANGE FOSSIL FUELS EMISSIONS INTENSITY GREENHOUSE GAS EMISSIONS CARBON INCOME VALUE ENERGY PRICING POWER WIND POWER CLIMATE DEMAND FORESTS WIND SUSTAINABLE USE EMISSIONS HIGH ENERGY INTENSITY HYDROPOWER ENERGY EMISSIONS FOREST WIND POWER RESOURCES GAS ENERGY USE CO MARKET ENVIRONMENT FOREST LANDS CLEANER POLICY AIR GREENHOUSE GAS CLEAN AIR ENERGY DEMAND LAND CLIMATE DAMAGE INVESTMENT POWER SECTOR ACCESS TO FINANCING CAPACITY FUEL ENERGY INTENSITY AVAILABILITY WATER LOW-CARBON INVESTMENTS POLLUTION IMPORTS GASES GAS EMISSIONS URBAN POPULATION NATURAL RESOURCES FOSSIL FUELS EMISSIONS REDUCTION GREENHOUSE GASES ENERGY |
| spellingShingle |
CLIMATE VARIABILITY JOBS GREENHOUSE ENERGY SECURITY LEAD ECONOMIC GROWTH POLICIES CLIMATE CHANGE FOSSIL FUELS EMISSIONS INTENSITY GREENHOUSE GAS EMISSIONS CARBON INCOME VALUE ENERGY PRICING POWER WIND POWER CLIMATE DEMAND FORESTS WIND SUSTAINABLE USE EMISSIONS HIGH ENERGY INTENSITY HYDROPOWER ENERGY EMISSIONS FOREST WIND POWER RESOURCES GAS ENERGY USE CO MARKET ENVIRONMENT FOREST LANDS CLEANER POLICY AIR GREENHOUSE GAS CLEAN AIR ENERGY DEMAND LAND CLIMATE DAMAGE INVESTMENT POWER SECTOR ACCESS TO FINANCING CAPACITY FUEL ENERGY INTENSITY AVAILABILITY WATER LOW-CARBON INVESTMENTS POLLUTION IMPORTS GASES GAS EMISSIONS URBAN POPULATION NATURAL RESOURCES FOSSIL FUELS EMISSIONS REDUCTION GREENHOUSE GASES ENERGY World Bank Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study |
| geographic_facet |
Europe and Central Asia Romania |
| description |
This 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. |
| format |
Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study |
| title_short |
Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study |
| title_full |
Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study |
| title_fullStr |
Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study |
| title_full_unstemmed |
Romania Toward a Low Carbon and Climate Resilient Economy : Benchmarking Study |
| title_sort |
romania toward a low carbon and climate resilient economy : benchmarking study |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/03/26048658/romania-toward-low-carbon-climate-resilient-economy-benchmarking-study http://hdl.handle.net/10986/24061 |
| _version_ |
1764455543321133056 |