THE ROLE OF THE ROMANIAN ENVIRONMENTAL FUND IN FINANCING ENVIRONMENTAL PROGRAMMES Lecturer PhD Dan Constantin Dănule iu, dan.danuletiu@gmail.com Assist. PhD Student Sorin Ciprian Teiuşan, cteiusan@yahoo.com “1 Decembrie 1918” University Alba Iulia Abstract: Our country created the Environmental Fund, namely an economic- financial tool designated to sustain and develop the environment security projects. The present paper aims to present and analyze the way of creating, managing and using these funds from the perspective of the accomplished goals. So, the following issues are brought into attention: the modalities and income sources of the Environment Funds, the contributions paid to these funds and their payers, and the ways of calculating these payments, as well. The environment security projects financed by these funds, the norms required and the rewarded fields of this domain are also taken into consideration. The paper ends with an evaluation of the sums raised to the Fund and their destinations. Keywords: Environmental Fund, environment projects, income sources, spending destinations. JEL codes: H23, H50, Q58.