SHAPING CIRCULARECONOMY IN ROMANIA IN THE CONTEXT OF GREEN DEAL.

This paper is an overview of comparison of bioeconomy indicators, in Romania and European Union, related to Green Deal Pact of the EU. The so called European Green Deal, is a set of proposals adopted by European Commission in order to reduce the climate change by 2050.Official statistical data related to green transition were retrieved from Eurostat database. Specific indicators taken into consideration were circular material use rate, raw material consumption, valued added at factor cost and environmental protection expenditure. Comparison of the dynamics of these indicators for Romania vs other European Union member states, for latest available data, was plotted. When analyzing the data it can be observed that steps are being taken in each state towards fulfilling the objectives of green transition. However, Romania's bioeconomy is still underdeveloped as compared to most of the EU's member states. In order to support the Green Deal targets we need a national strategy and action plan towards green and just transition of our economy. [ABSTRACT FROM AUTHOR]