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Ecologic and Economic Aspects of Integration of Serbia in the EU

In: Contemporary Issues in the Integration Processes of Western Balkan Countries in the European Union

Author

Listed:
  • Bozo Draskovic

    (Institute of Economic Sciences)

  • Zoran Rajkovic

    (Institute of Economic Sciences)

Abstract

In the pre-accession period of perspective accession of Serbia to the EU, in Serbia, especially during 2008 and 2009, legislative activities, directed to adjust its own legislation in the field of environmental protection, recommendations and directives, applied in EU countries were intensified. The amendments were made in the Law on Environment Protection, Nature Conservation, Regulations refer¬ring to Waste Management, Use of Natural Resources. In recent years, the invest¬ments from the budget for the protection and preservation of the environment ranged from 0.3% of GDP, which represents a low level of investment. The sources of funds for investment are the fees and charges for the use of natural resources and compensation for environmental pollution. An important source of funds for environment protection was realized from international grants and loan debts. The original revenues for the use of natural values, goods and capital in Serbia, as well as revenues from fees for polluting the environment are distributed by applicable laws, defined percentage of the central budget and the budget of the Autonomous Province of Vojvodina and the budgets of municipalities and towns in Serbia. In Serbia, the Fund for Environment Protection was established in accordance with the recommendations of the UN and practices developed in EU in 2005, which goal is to raise funds and systematic realization of investments for environment protection. Finally, the paper presents a short view and some of the paradoxes that follow the pattern of trading pollution right.

Suggested Citation

  • Bozo Draskovic & Zoran Rajkovic, 2011. "Ecologic and Economic Aspects of Integration of Serbia in the EU," Book Chapters, in: Stefan Bogdan Salej & Dejan Eric & Srdjan Redzepagic & Ivan Stosic (ed.), Contemporary Issues in the Integration Processes of Western Balkan Countries in the European Union, chapter 2, pages 18-37, Institute of Economic Sciences.
    • Handle: RePEc:ibg:chaptr:conissue-2
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    References listed on IDEAS

    as
    1. Ackerman, Frank & Moomaw, William, 1997. "SO2 emissions trading: does it work?," The Electricity Journal, Elsevier, vol. 10(7), pages 61-66.
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