Suceava

Constanța

Tulcea

Covasna

Timiș

Dâmbovița

Teleorman

Dolj

Vâlcea

Gorj

Vrancea

Galați

Vaslui

Giurgiu

Hunedoara

Alba

Harghita

Argeș

Ilfov

Arad

Ialomița

București

Iași

Bacău

Mehedinți

Bihor

Maramureș

Bistrița-Năsăud

Mureș

Brăila

Neamț

Botoșani

Brașov

Prahova

Buzău

Sibiu

Cluj

Sălaj

Călărași

Satu Mare

Caraș-Severin

Romania

Target reduction of 40.4% in final energy consumption

Target reduction of 45.1% in primary energy consumption

Target 33% of final energy consumption in heating and cooling sector to be from renewables by 2030

Target 14.2% of final energy consumption in transport sector to be from renewables by 2030

Target 49.4% of final energy consumption in electricity to be from renewables by 2030

Target 30.7% of the final gross energy consumption to be from renewables by 2030

Targets reduction of 2% in non-ETS emissions (compared to 2005)

Targets reduction of 43.9% in ETS emissions by 2030 (compared to 2005)

Target no more than 105% greenhouse gas emissions level compared to 2005

Target reduction in pollutants emission by energy sector enterprises by at least 50% by Phase 3 (2023)

Targets no more than 44% of GDP specific energy intensity (compared to 2005)

Targets the share of non-fuel energy to be at least 38% by 2030.

Targets reduction of 1.6x in the energy intensity of GDP

Targets reduction of 2x in the energy intensity of GDP

Target reduction of 1.4x in the share of investments in the fuel and energy complex as a percentage of the gross domestic product and 2x in the total volume of investments

Target reduction of 3x in the share of the energy export in the gross domestic product

Target reduction of 1.7x in the share of the fuel and energy complex in the gross domestic
product and the share of fuel and energy resources in export

Targets 10% of the final energy consumption in transport to be from renewables by 2020

Sets mandatory annual quotas of electricity produced from renewable energy sources, which benefit from the green certificate system from 2010-2020.

Targets for the share of electricty produced from renewable energy sources in the gross final consumption of electricity to be 33% in 2010; 35% in 2015; and 38% in 2020

Target 24% of gross final energy consumption to be from renewables by 2020

Sets target that for electricity produced in power plants (using fuels from domestic production), guaranteed access to electricity networks may only be granted for annual quantities corresponding to a parimary energy of not more than 15% of the total amount of fuel equivalent

To increase the overall share of renewable energy in gross final energy consumption by 30.7%. &nbsp;

To reduce by 2% the non-ETS emissions compared to 2005.

To reduce by 43.9% the ETS-GHG emissions compared to 2005.&nbsp;




19% increase in GHG emissions by 2020 against a 2005 baseline

35% cut in GHG emissions from biofuels and bioliquids compared to fossil fuels, then 50%, then 60% by 2012, 2017, 2018 against a 2008 baseline

20% increase in energy efficiency by 2020

10 million TOE energy saved by 2020 against a 2012 baseline

24% gross final consumption of energy from renewables by 2020

33% final electricity consumption from renewable by 2010, then 35% by 2015, then 38% 2020

Fuel suppliers introduce petrol with at least 9% biofuel by volume by 2017, then 10% by 2019

20% cut in GHG  emissions from aviation by 2020 against a 1990 baseline

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Project Objective: The EBRD-GEF project will reduce greenhouse gas emissions in Romania by improving energy efficiency in public buildings. The project will capitalize on the existing positive policy environment by addressing barriers to municipal project financing through a targeted technical assistance program. The project will help local authorities overcome common obstacles to financing energy efficiency improvements such as allocation of resources for energy audits and project preparation, tendering procedures, and management of larger-scale programs that may need additional dedicated resources.  Investment barriers will be addressed through the use of Energy Performance Contracts (EPC) and the introduction of forfeiting as a financing mechanism, which together will enable private contractors to finance and implement the necessary energy saving measures.

Reduce energy consumption and associated GHG emissions in buildings in low-income households and regions of Romania.

Global enviornmental benefits  in biodiveristy and climate change focal areas secured through community-based initiatives and actions.

This project is designed to establish a dedicated financial facility for energy efficiency and renewable energy in Eastern Europe and CIS that can serve as a vehicle for the large-scale participation of private sector investors in partnership with public entities.  The proposal is to support the development of  a US$ 250 million public-private equity Fund that will be able to complement other funding schemes (including those implemented or contemplated by the GEF and/or other supporting institutions) and, as a result, leverage an investment volume of upt to US$ 2 billion for energy efficiency and renewable energy projects.

Geography

Romania

Recent documents

Adaptation Fund

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Green Climate Fund

Global Environment Facility