ФИСКАЛНА И ЕКОЛОШКА ОДРЖИВОСТ – ИЗАЗОВ КОЈИ ЈЕ (НЕ)МОГУЋЕ ПОСТИЋИ
FISCAL AND ENVIRONMENTAL SUSTAINABILITY – A CHALLENGE THAT CAN(NOT) BE OVERCOME

Author(s): Branka Topić Pavković
Subject(s): Energy and Environmental Studies, Environmental interactions, Public Finances, Accounting - Business Administration
Published by: Savez računovođa i revizora Republike Srpske
Keywords: fiscal sustainability; green transition; public finances; environmental protection; environmental sustainability;
Summary/Abstract: The transition to an economy that uses resources efficiently and protects people from the negative consequences of environmental change is set as one of the main goals of modern states. Countries are implementing various reforms and policies to address these challenges and improve mechanisms and strategies to protect the environment. States are expected to increase public investment for climate change adaptation, reduce the costs of more severe climate events and use fiscal instruments to support and facilitate the green transition. The key question is how to achieve the goals of environmental and fiscal sustainability at the same time, given that economic policy has set other priorities after the crisis.

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