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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romanian industry associations ask more EU funds for home insulation projects

A group of associations representing companies in the thermal insulation industry asked the would-be new Government to more than triple the funds earmarked for projects aimed at upgrading residential buildings' energy efficiency under the National Recovery and Resilience Plan (PNRR).

The associations ask for EUR 4 bln funds for this segment, up from EUR 1.2 billion allotted by the Liberal Government. They argue that the sum represents 36% of the EUR 11.3 bln earmarked by Romania under PNRR for measures to mitigate climate change, whereas 35% is also the share of the CO2 produced by homes (heating, electricity) in total CO2 emissions in Europe.

The associations also argue that Romania plans to spend less on homes' insulation compared to other EU countries, citing the case of Bulgaria, which will allot EUR 1.5 bln for a population that is three times smaller.

"According to the obligations assumed by the National Renewal Strategy, Romania will have to invest around EUR 13 bln in improving the buildings' energy efficiency by 2030 to achieve its goals of reducing greenhouse gas emissions and transitioning to a climate-neutral economy. It is a natural goal to use at least EUR 4 bln of the funds made available through PNRR to cover part of the necessary investment," reads the letter signed by the associations.

This month, the European Commission asked Romania and 12 other member states to submit national long-term renovation strategies for buildings' energy performance.

[email protected]

(Photo source: Lightkeeper/Dreamstime.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Romanian industry associations ask more EU funds for home insulation projects

A group of associations representing companies in the thermal insulation industry asked the would-be new Government to more than triple the funds earmarked for projects aimed at upgrading residential buildings' energy efficiency under the National Recovery and Resilience Plan (PNRR).

The associations ask for EUR 4 bln funds for this segment, up from EUR 1.2 billion allotted by the Liberal Government. They argue that the sum represents 36% of the EUR 11.3 bln earmarked by Romania under PNRR for measures to mitigate climate change, whereas 35% is also the share of the CO2 produced by homes (heating, electricity) in total CO2 emissions in Europe.

The associations also argue that Romania plans to spend less on homes' insulation compared to other EU countries, citing the case of Bulgaria, which will allot EUR 1.5 bln for a population that is three times smaller.

"According to the obligations assumed by the National Renewal Strategy, Romania will have to invest around EUR 13 bln in improving the buildings' energy efficiency by 2030 to achieve its goals of reducing greenhouse gas emissions and transitioning to a climate-neutral economy. It is a natural goal to use at least EUR 4 bln of the funds made available through PNRR to cover part of the necessary investment," reads the letter signed by the associations.

This month, the European Commission asked Romania and 12 other member states to submit national long-term renovation strategies for buildings' energy performance.

[email protected]

(Photo source: Lightkeeper/Dreamstime.com)

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