The European Commission has given a positive assessment to Romania’s recovery and resilience plan (PNRR) in September 2021. Hence, Romania will be assigned over 29 billion Euro out of the total Recovery and Resilience Facility (RRF) funds of 672,5 billion Euro. However, the PNRR will feature investments totaling over 40 billion Euro, to provide a menu of useful possible projects and challenging reforms, which could be co-financed by national funds if they prove their viability and can be implemented by 2026.
In this context, The Diplomat-Bucharest will organize on April 26th, 2022 an event exclusively focused on PNRR, when leading representatives of central and local authorities, Governmental officialities, private companies and economy stakeholders are invited to engage into an open dialogue about the opportunities and challenges of capitalizing on the great opportunity of PNRR.
The PNRR is structured to address 33 components in Romanian economy, distributed on the 6 pillars on which the RRF is structured: green transition; digital transformation; economic cohesion, productivity and competitiveness; social and territorial cohesion; health, economic, social and institutional resilience; policies for the next generation.
The financing provided by the Recovery and Resilience Facility – at the heart of NextGenerationEU – will support the implementation by 2026 of crucial investment and reform measures put forward by Romania to emerge stronger from the health, social and political turmoil of 2021.
Note: The event may be organized exclusively online in the case that current context will exclude the indoor venues.
9:00‑9:30 AM Registration and welcome coffee
9:30‑11:00 PANEL DISCUSSION: THE VOICE OF DECISION MAKERS & DIGITALIZATION OPPORTUNITIES
ECONOMIC & SOCIAL POLICIES. DECISION MAKING
How is the PNRR opportunity seized at the level of decision making in Romania, how confident are the economic and market regulators in implementing the projects by capitalizing on the PNRR funding. What should be done to secure these funds in the advantage of Romanian economy and addressing viable projects & reforms.
- Challenges, risks, costs and opportunities of PNRR
- Authorities dialogue, decision making decentralization. Improving the legislative and regulatory framework
- Major projects to be developed through PNRR
- Increasing the institutional capacity of the public administration
ADDRESING THE DIGITALIZATION & COMPETITIVENESS
As stated in EU documents, in order to remain competitive, businesses and local authorities must “formulate and execute strategies that embrace the implications of digital transformation and drive better operational performance”, in the benefit of economies and citizens. What is the status and how does the future look for Romania in this sector?
- How to improve the business environment through economic competitiveness and digitalisation
- Investing and expanding the broadband and 5G connectivity
- Availability of projects and financing opportunities through PNRR
- Digitalizing the public administration
- Opportunities for private companies and SMEs
11:00‑11:20 Coffee break
11:20‑ 13:00 PANEL DISCUSSION: THE ENERGY & WASTE MANAGEMENT APPROACH
THE ENERGY TRANSITION: TACKLING CHALLENGES AND PRIORITIES
2022 brings the opportunity for a connected climate control market. Also, most manufacturers of heating systems are making their own controls and actively pushing for them. As well, some governments are trying to accelerate this market and customer awareness is just better than ever. The world is now shifting towards a fully integrated technology approach and it is fundamentally reconsidering its energy resource base.
- Energy models s enabled by PNRR
- Opportunities for the development of local facilities and green energy projects
- Tackling the energy crisis – the dramatic increases in gas price and electricity prices
- Challenges and priorities of the energy sector in 2022 and PNRR’s implications
WASTE MANAGEMENT: THE NEED FOR A NEW APPROACH AND BETTER APPLICATION
The modern life and the increase of consumption at any given layer of a society results in such an amount of waste that, at some point, grows into a life‑threatening issue. The entire waste must be managed, that’s a fact. The aspects that are wrapped into the concept of management are far more complicated and that is why, in Romania, the waste management and the sustainable recycling matter are far from being a success.
- Easy and accessible waste management models in Romania
- Recycling methods vs. traditional waste disposal
- PNRR’s opportunities in tackling the waste management segment in Romania
- Converting waste to energy (WTE models)
- Regulations and authorities’ commitment to tackling the matter of waste management
13:00‑14:00 Networking lunch
- Policy & decision makers, authorities & market regulators
- Administration services to the citizen
- Municipalities, regional councils, local administration
- C‑level business leaders in Energy and utilities companies
- C‑level business leaders in financial institutions
- Green‑mobility solutions providers and developers
- Technology & IT solutions providers and developers
More information about the event can be found here.
The event will also be live on our Facebook page.