THE IMPORTANCE OF SUPPORTING INVESTMENT IN RENEWABLE ENERGY

Climate change is a serious concern for the whole world. Based on these concerns, Europe aims to become the first climate-neutral continent by 2050. To achieve this, the European Union has set itself the goal of rapidly transforming the energy sector, so the European Commission has presented the Eur...

Full description

Saved in:
Bibliographic Details
Published inAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie no. 5; pp. 145 - 150
Main Authors IRINA-ELENA CHIRTOC, GABRIELA BUȘAN, NICOLAE ECOBICI
Format Journal Article
LanguageEnglish
Published Academica Brâncuşi 01.10.2020
Subjects
aid schemes
investments
renewable energy
Online AccessGet full text

Cover

More Information
Summary:Climate change is a serious concern for the whole world. Based on these concerns, Europe aims to become the first climate-neutral continent by 2050. To achieve this, the European Union has set itself the goal of rapidly transforming the energy sector, so the European Commission has presented the European Green Agreement, which represents an ambitious package of measures for a sustainable ecological transition. In this paper we propose to analyze the importance of supporting investments in renewable energy for job creation in the member countries of the European Union. We will also identify how the European Investment Bank, through the European Investment Fund, has supported Member States in achieving the goal of increasing renewable energy consumption in 2015-2020.
ISSN:1844-7007
1844-7007