The Transition Towards a Green and Circular Economy in Order to Create Opportunities for the Sustainable Development of the Republic of Moldova

Abstract

The aim of the article is to set priorities for further, very ambitious for Moldova's legal approximation and implementation of EU Acquis and common actions under the Paris Agreement on climate change (the ‘Paris Agreement’) commitments in Moldova, taking into consideration of "a renewed discussions" of the ongoing debate on the European Green Deal and how far the states could join possible join to the European Green Deal it. In relation to the enhance capacity to reach net-zero targets set up in updated nationally determined contribution (NDC). Moldova seeks to establish of legal framework of regulation of circular economy, which ensures the achievement of the objectives for energy and the long-term greenhouse gas emissions commitments, in particular for the first period, from 2025 to 2030, the RM's 2030 targets for long-term objectives. In order to facilitate energy market integration and cost-efficient climate action policies and measures set up in the integrated national energy and climate plans (NECPs), the Republic of Moldova shall ensure multilevel dialog in cooperation and consultation among the Contracting Parties, and identify opportunities for further regional cooperation in efficient guidance.The article shall serve as a basis for further in-depth deliberations on the establishment and implementation of a governance mechanism that will ensure the planning, monitoring and reporting on the achievement of the 2030 climate and circular targets and long-term objectives and targets in line with the 2015 Paris Agreement, while limiting administrative complexity and give consumers, including households and businesses, secure, sustainable, to foster research and innovation by means of attracting investment, which requires a fundamental transformation toward the green economy. DOI: https://doi.org/10.53486/cike2023.75; UDC: 504.06:[338.23+338.28](478); JEL: K32, K33, Q52, Q54