Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5.   "Climate Change and Development: perspectives for Romania" at...

  "Climate Change and Development: perspectives for Romania" at Cotroceni Palace

November 23, 2023

The effects of climate change are becoming increasingly acute for Romania's citizens, President Klaus Iohannis said on Tuesday at the Cotroceni Presidential Palace, at the event "Climate Change and Development: perspectives for Romania"."The effects of climate change are becoming more and more evident and acute for the citizens of Romania, whether it is heat waves that have an impact on health, droughts with a negative impact on the economy or violent storms that destroy goods and endanger people's lives," the president said.Klaus Iohannis stressed that "it is essential to ensure that the climate transition will be fair, inclusive and compatible with economic growth".He recalled that the World Bank's Country Climate and Development Report, prepared in collaboration with the Romanian Government and the Presidential Administration is being presented at the event."One of the key conclusions of the report shows that Romania has the potential to significantly improve the quality of life of our citizens and, at the same time, to go through the process of decarbonisation, which is necessary to achieve climate neutrality," said the head of state.Iohannis added that the report puts forward a series of recommendations that are in line with the directions he has also supported and promoted at national and international level in terms of addressing climate change."For example, the report highlights that people who are already socio-economically disadvantaged are more exposed to climate risks and less resilient to them, both in Romania and internationally. Measures targeting climate change are in everyone's interest and the costs of inaction or delayed action are enormous. Therefore, we need to create new financial and social instruments that focus more effectively on citizens with a high degree of vulnerability in the context of climate change," said Klaus Iohannis.According to him, strengthening human resources through education and skills development becomes essential for a successful green transition that will benefit the whole society."The report shows the ways in which we can reconcile climate action with the social and economic development of our country through investment, the development of green industries and integration into global green value chains. Areas in which Romania has a competitive advantage are also highlighted, thus expanding national expertise and knowledge in these areas," said the head of state.Klaus Iohannis said that in order to effectively manage climate change, "a cross-party pact is needed to ensure commitment and continuity in achieving medium and long-term climate objectives".A partnership for climate transition between state institutions, civil society, the private sector and academia, research and innovation is also needed, the president went on to say.  (Photo:https://www.presidency.ro/)

Read in full - click here
Cirque du Soleil to bring "Ovo" show to Cluj-Napoca in April 2026

The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca.  So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]

Energy group Electrica to list largest green corporate bond issuance in Romania

The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]

Wizz Air expands in Bucharest with new routes, additional aircraft at Băneasa Airport

Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport.  At the same time, six new routes will […]

Inflation in Romania reaches 5.7% in June, up from 5.45% the month before

The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]

Taxi driver fined, barred from Bucharest airport after refusing passenger pickup

A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...

Southern Romania: New bridge over Buzău River opens for traffic

Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]