Romania Second Programmatic Inclusive and Green Growth Development Policy Loan

closed

Closed

The development objective of Second Programmatic Inclusive and Green Growth Development Policy Loan Project is to support the government of Romania’s efforts to: 1) strengthen inclusion and fiscal management; and 2) foster decarbonization and climate resilience. The government’s program for 2021-2024 aims to build a cohesive and open society that benefits from improved education and health systems, and from reduced inequalities between men and women and between urban and rural areas. The government’s program to support the Forcibly Displaced Persons (FDPs) from Ukraine was set up swiftly and is evolving depending on the needs. This operation supports the government in all of the six pillars of the National Recovery and Resilience Plan (NRRP), facilitating increased absorption of EU Funds. The measures implemented to facilitate the access of the FDPs to social services and the labor market and their integration in the host communities are aligned with six NRRP pillars of: (i) green transition; (ii) digital transformation; (iii) smart, sustainable and inclusive growth; (iv) social and territorial cohesion; (v) health, and economic, social and institutional resilience; and (vi) policies for the next generation, children and the youth.

World Bank Group

Project

Raw Materials, Government, Education