THEORETICAL ASPECTS ON THE EFFECTIVENESS OF ENVIRONMENTAL EXPENDITURES

Abstract

Air and water quality are vital for human life and our societies devote large sums of money to reduce pollution and conserve a healthy environment. Much of the financial resources mobilized to finance environmental protection come from private sources - entrepreneurs pay to eliminate environmentally harmful waste safely, or to mitigate the effects of polluting production processes. But while technology standards, environmental permits, pollution taxes play an important role in correcting the behavior of society, public expenditure presents also a very important variable in efforts to support the environment.

Keywords

• environmental expenditure
• financial flows
• efficiency
• effectiveness
• economicity
• environmental funds
• financial support for environmental protection expenditure