Preliminary assessment of the fourth payment request of Romania

Number and name of the Target: RO-C[C6]-R[R3]-M[123] Establishment and use of a green budgetary planning methodology

Related Measure: RO-C[C6]-R[R3] Green budgeting

Qualitative Indicator: Establishment and use of a green budgetary planning methodology

Time: Q2 2026

1. Context:

The objective of the reform is to monitor and assess fiscal policy's impact on climate and environmental objectives.

Milestone 123 requires the development, adoption, publication and application of the green budgeting planning methodology.

Milestone 123 is the only milestone or target of this reform.

2. Evidence provided:

                        Name of the evidence                           Short description

    1     Cover Note                                       Summary document duly justifying how
                                                           the milestone (including all the
                                                           constitutive elements) was satisfactorily
                                                           fulfilled.
2         Copy of Government Emergency Ordinance GEO No. 75/2024 establishes the legal
          No. 75/2024 (hereinafter referred to as “GEO and institutional framework for green
          No. 75/2024”) on regulating the labelling of budgeting.
          budgetary expenditure and tax expenditures
          for green budgeting, published in the Official
          Journal No. 594 on 26 June 2024.
3         Copy of Government Decision No. 1074/2024 GD No. 1074/2024 operationalises GEO
          (hereinafter referred to as “GD No. No. 75/2024 by providing technical and

          1074/2024”) for the approval of the procedural detail.
          Implementing Rules of the provisions of
          Government Emergency Order No. 75/2024 on
          the regulation of labelling budgetary and fiscal
          expenditures for green budgeting, as well as
          the Regulation on the organisation, operation
          and tasks of the Inter-ministerial Committee
          for the labelling of budget expenditure and tax
          expenditure, published in the Official Journal
          No. 887 on 28 August 2024.
4         Copy of Annex 1 (Methodological rules Annex 1 defines the six environmental
          implementing Government Emergency Order objectives, establishes the scoring

No. 75/2024 on regulating the labelling of system, and sets out precise procedural

52