Evaluating the effectiveness of environmental protection efforts on increasing the convergence between the EU and Romania – Rethinking the common problems.

V., Gogonea, R.-M., Patrascu, A., & Zaharia, M. Financing for Low-carbon energy transition. Īnbumozhi, V., Kalirajan, K., & Kimura, F. Degrowth, energy descent, and ‘low-tech’ living: Potential pathways for increased resilience in times of crisis. Keyword : sustainable energy model, sustainability, economics of clean energy, renewable energy, environmental and economic efficiency, performance assessment, clustered heat maps, double dendrogramsĪlexander, S., & Yacoumis, P.

In this context, this research brings empirical results for decision-makers and aims to facilitate a better understanding for adapting policies according to national needs, as well as to the patterns of success identified in the case of European leaders. Robustness checks were performed based on the linear discriminant analysis methodology and results confirmed that Northern European countries lead the change to a more sustainable future. The opposite was observed in the case of many South-Eastern European countries. Results show that Austria, Denmark, Norway, Ireland, and Luxembourg followed the patterns of highly economically performant European countries that turned energy and resource productivity in their favour based on multiple factors: recycling, R&D, innovation, digitization. Based on the clustered heat maps method, double dendrograms were constructed to identify socioeconomic and environmental patterns that characterize highly economic-efficient and sustainable transition patterns from the standard energy production and consumption model to the environmental-friendly and cost-efficient model in the European area. The mix of analysed variables was targeted at sustainable energy transformation models according to complementary economic research areas. This research paper fills a literature gap by tapping into Europe’s Just Transition to green energy production and consumption models and introduces empirically derived trends.

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