Romania

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

11,664.85

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

n/a

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

n/a

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

6.5

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

2.23

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

n/a

News

EU must not blindly sign up to a weak aviation carbon market

2018-12-05

14.11.2018 – As countries negotiate rules for offsetting airline emissions in Montreal, the EU should reserve its right to impose stronger regional policies. Replacing the EU ETS with Carbon Offsetting and

40% of EU budget should be dedicated to greening the economy

2018-11-19

09.11.2018 – According to the European Economic and Social Committee (EESC), an EU advisory body, the EU’s next multi-annual budget (2021-2027) should dedicate 40% of spending to the low-carbon economy and

Road charges in the EU: a fairer and environmentally friendlier system

2018-10-31

25.10.2018 – The European Parliament voted in favor of new rules on road use charges in the EU to guarantee equal treatment of road users and to help Member States reach

Reports

Budgetary support and tax expenditures for fossil fuels – An inventory for six non-OECD EU countries (IVM Institute)

2017-07-14

Financial support for the production and consumption of fossil fuels, while clearly at odds with the objective of greenhouse gas reduction, is still a widespread phenomenon throughout the world. The

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

2017-03-17

This report by Green Budget Europe (GBE), CEE BankWatch and European Environment Bureau (EEB) involved an assessment of the 2016 European Semester Country Reports among network of members and national

2016 Country-Specific Recommendations in support of the European Semester cycle (GBE)

2016-03-07

This report led by Green Budget Europe (GBE), in collaboration with CEE BankWatch, EEB and WWF, sets out recommendations for the 28 EU Member States to accelerate Environmental Fiscal Reforms (EFR) in the context of

Romania

Country indicators

News

EU must not blindly sign up to a weak aviation carbon market

40% of EU budget should be dedicated to greening the economy

Road charges in the EU: a fairer and environmentally friendlier system

Reports

Budgetary support and tax expenditures for fossil fuels – An inventory for six non-OECD EU countries (IVM Institute)

From Challenge to Opportunity: Shadow Country Reports in Support of the European Semester Cycle (GBE, CEE BankWatch, EEB)

2016 Country-Specific Recommendations in support of the European Semester cycle (GBE)

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