Financing the Environment : Ukraine's Road to Effective Environmental Management

This study presents a detailed analysis
of the system of environmental expenditure in Ukraine with a
particular focus on public expenditures. It examines the
extent to which the present system meets national
environmental objectives and identifies ways in which it can
be improved and made more cost-effective. Since
environmental spending is closely tied to sources of
environmental revenues (partly a result of earmarking and
partly because of the regulatory role that pollution charges
and fines play), this review also covers revenue issues. The
study is based on international systems of environmental
accounting established by Organization for Economic
Cooperation and Development (OECD).