Sustainable financing of the environment protection investment projects in Romania

Abstract

Sustainable financing of the environment protection can be defined as the capacity of providing the long-term, stable and sufficient financial resources and granting them, in an adequate and rhythmic manner, in order to cover the necessary costs for protecting the environment protected areas and ensuring their efficient management. Achieving sustainable financing calls for major changes in conceptualizing and utilizing the funds and, to that end, a series of national innovative sources will play a more and more important role in satisfying the financing needs.

Keywords

• sustainable financing, financing sources, environment investments objectives, feasibility study, cost-benefit analysis, environment fund