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State aid for environment and energy: The main changes and the impact on investments that can be financed from PNRR and the Modernization Fund

State aid for environment and energy: The main changes and the impact on investments that can be financed from PNRR and the Modernization Fund

Authors: Sonia Voinescu, Senior Associate, D&B David and Baias, PwC's corresponding law firm in Romania; Gabriela Ifrim, Associate, D&B David and Baias

 

The decarbonisation of the entire economy and the green transition continue to be the cornerstone of European legislative changes in the field of energy and the environment over the last decade. Achieving the highly ambitious greenhouse gas emission reduction targets of the European Green Pact and the Fit for 55 package will require an annual investment of at least € 350 billion at EU level.

For more information, please see the Romanian version of the article, here.

Authors

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D&B DAVID SI BAIAS SCA