Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations

This assessment presents a synthesis of analysis to contribute to the definition of a lower carbon and greener growth path for Romania to 2050. The objective of Romania’s green growth path is to implement mitigation actions and undertake needed ada...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2016
Subjects:	CARBON EMISSIONS ENERGY EFFICIENCY ENVIRONMENT GHG GREENHOUSE GAS EMISSIONS LOW-CARBON GREEN GROWTH URBAN DEVELOPMENT
Online Access:	http://documents.worldbank.org/curated/en/2015/11/26362663/romania-component-3-romania-climate-change-report-simulation-low-carbon-green-growth-policies-including-results-impact-assessment-final-policy-recommendations http://hdl.handle.net/10986/24783

id	okr-10986-24783
recordtype	oai_dc
spelling	okr-10986-247832021-04-23T14:04:23Z Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations World Bank CARBON EMISSIONS ENERGY EFFICIENCY ENVIRONMENT GHG GREENHOUSE GAS EMISSIONS LOW-CARBON GREEN GROWTH URBAN DEVELOPMENT This assessment presents a synthesis of analysis to contribute to the definition of a lower carbon and greener growth path for Romania to 2050. The objective of Romania’s green growth path is to implement mitigation actions and undertake needed adaptation while preserving growth and employment. Romania has maintained a steady growth in output while containing the growth of its greenhouse gas (GHG) emissions. From now to 2050, real incomes in Romania are expected to continue to grow, and its carbon emissions are expected to continue declining. Romania can meet the targets of the green scenario with only modest costs to growth and employment, European Union (EU) emissions trading for energy-intensive sectors sets a uniform price for GHG allowances, which generates an efficient allocation across countries of mitigation actions in those sectors. The difficulty of meeting the tighter targets for mitigation set out in the green and super green scenarios will be eased significantly by improvements in energy efficiency. Proactive measures to promote smart urban development in Bucharest and other urban areas, including more compact city design, transport-oriented development that changes modal-split, upgrades to a more efficient vehicle stock, and policies promoting building efficiency upgrades, can deliver sizable reductions in annual energy spending and emission levels. 2016-08-03T19:18:57Z 2016-08-03T19:18:57Z 2015-11 Report http://documents.worldbank.org/curated/en/2015/11/26362663/romania-component-3-romania-climate-change-report-simulation-low-carbon-green-growth-policies-including-results-impact-assessment-final-policy-recommendations http://hdl.handle.net/10986/24783 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study Europe and Central Asia Romania
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	CARBON EMISSIONS ENERGY EFFICIENCY ENVIRONMENT GHG GREENHOUSE GAS EMISSIONS LOW-CARBON GREEN GROWTH URBAN DEVELOPMENT
spellingShingle	CARBON EMISSIONS ENERGY EFFICIENCY ENVIRONMENT GHG GREENHOUSE GAS EMISSIONS LOW-CARBON GREEN GROWTH URBAN DEVELOPMENT World Bank Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations
geographic_facet	Europe and Central Asia Romania
description	This assessment presents a synthesis of analysis to contribute to the definition of a lower carbon and greener growth path for Romania to 2050. The objective of Romania’s green growth path is to implement mitigation actions and undertake needed adaptation while preserving growth and employment. Romania has maintained a steady growth in output while containing the growth of its greenhouse gas (GHG) emissions. From now to 2050, real incomes in Romania are expected to continue to grow, and its carbon emissions are expected to continue declining. Romania can meet the targets of the green scenario with only modest costs to growth and employment, European Union (EU) emissions trading for energy-intensive sectors sets a uniform price for GHG allowances, which generates an efficient allocation across countries of mitigation actions in those sectors. The difficulty of meeting the tighter targets for mitigation set out in the green and super green scenarios will be eased significantly by improvements in energy efficiency. Proactive measures to promote smart urban development in Bucharest and other urban areas, including more compact city design, transport-oriented development that changes modal-split, upgrades to a more efficient vehicle stock, and policies promoting building efficiency upgrades, can deliver sizable reductions in annual energy spending and emission levels.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations
title_short	Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations
title_full	Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations
title_fullStr	Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations
title_full_unstemmed	Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations
title_sort	report on the simulation of low carbon green growth policies, including the results of impact assessment and final policy recommendations
publisher	Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/2015/11/26362663/romania-component-3-romania-climate-change-report-simulation-low-carbon-green-growth-policies-including-results-impact-assessment-final-policy-recommendations http://hdl.handle.net/10986/24783
_version_	1764457496375721984

Report on the Simulation of Low Carbon Green Growth Policies, including the Results of Impact Assessment and Final Policy Recommendations

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