Tag: Bankwatch Romania (1 articles)

Environment   |   12 June, 2023 at 11:30 AM

Romania reduces fossil gas consumption by 25%

Between August 2022 and January 2023, Romania is managing to reduce fossil gas consumption by approximately 25%, according to a report published by CEE Bankwatch Network. According to the report, Romania allocates four times more European funds for fossil gas, despite the climate objectives. Between 2014 and 2020, fossil gas-based projects in Romania and Poland benefited from €230 million and €1.3 billion respectively from European funds.

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