Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. WWF: Romania did not complete energy and climate...

WWF: Romania did not complete energy and climate plan it was supposed to send to EC by June 20

November 14, 2024

Romania failed to complete an energy and climate plan that it should have submitted to the European Commission by June 30, 2024, claim WWF-Romania experts, in a press release sent on Friday.According to this source, the member states of the European Union (EU) must present an energy and climate plan that aims to reduce greenhouse gas emissions by at least 55% by 2030 and, although the deadline for submitting the plan was June 30, 2024, Romania has not yet completed this plan.The alarm signal raised by environmental activists comes against the backdrop of the recent launch of the 15th edition of the "Living Planet 2024" report, published by WWF (World Wide Fund for Nature), according to which populations of wild species had a catastrophic decline of 73% in just 50 years.The document, released on October 10, 2024, warns of the beginning of the sixth mass extinction of biodiversity, "this time caused by man."In what concerns Romania, the specialists argue that the excessive use of pesticides, intensive agriculture, poaching, the development of an unsustainable infrastructure without taking into account the long-term impact on the environment, illegal logging over time or plastic pollution, to which are added the decisions who put political interest before science-based recommendations, as in the case of the recently adopted law allowing trophy hunting for the bear species, do a serious disservice to the species and the health of the ecosystems."If worldwide deforestation intensified in 2023, despite the global commitment to stop deforestation and forest degradation until the end of the decade, in Romania the fight is to preserve what already exists: High Conservation Values. Our country has made a commitment to protect 10% of its entire forested area and it is currently in the process of identifying these areas. Furthermore, WWF supports a real reform of the system to combat legal exploitation and a responsible use of wood, therefore the organization is involved in the development of the new Forestry Code which is now under parliamentary debate. Also, in the past 100 years, the authorities have dammed and drained vast areas of the meadow and the Danube Delta, so that 85% of the meadow and a third of the Danube Delta have been lost. The consequences of these actions accentuated by climate change are visible: more catastrophic consequences of floods, much more severe effects of droughts, desertification, poverty in the Danube communities," the specialist report states.At the same time, environmental activists remind the fact that, on the Danube, the big infrastructure projects "seriously endanger the ecosystem balance, calling into question all the efforts of WWF Romania to restore the sturgeon populations.WWF Romania - The World Wide Fund for Nature is one of the most important organizations specialized in environmental conservation, which works to reduce the effects of climate change.The priority conservation areas of WWF Romania are: Maramures, Transylvania, the south-western part of the Carpathians, Apuseni, Lunca and the Danube Delta.  (Photo:https://wwf.ro/)  

Read in full - click here
BVB-listed winemaker Purcari reports higher revenues but lower net profit in first 9 months of 2025

Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]

Darian Celebrates 35 Years of Consultancy – A “Co-Pilot” Experience Supporting Business Leaders in Making Informed Decisions, and Launches the Darian Tax Navigator Service

With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]

Romanian National Bank revises end-2025 inflation forecast upwards to 9.6%

The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]

Romanian energy system operator Transelectrica reports 56% decrease in profit in January-September

The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]

Romanian medical network MedLife reports increased turnover under pressure from exchange rate

The private medical services operator MedLife (BVB: M) increased its turnover by 19.5% in the first nine months of the year, to RON 2.36 billion (EUR 464 million). However, the company reported a financial loss of RON 6.3 million (EUR 1.2 million) as a result of the rise in the exchange rate. The company turnover […]

Construction progresses on new 10,800 sqm building at CTPark Oradea North

CTP, a leading developer, owner, and operator of industrial and logistics properties in Europe, is moving forward with the construction of a new 10,800 sqm building at CTPark Oradea North, further expanding its presence in western Romania. With this addition, the company’s development pipeline in Oradea now exceeds 100,000 sqm of gross leasable area. Located […]