Features of Implementation of Environmental Policy in the Conditions of Fiscal Decentralization

Abstract

The economic efficiency of providing public goods and services within the State, taking into account the potential positive consequences for environmental sustainability, depends directly on the issue, concerning the providing background – if it is centralized or decentralized. Decentralization can lead to an increase of eco-social benefits in the context of budget system levels. These general benefits may include greater discretion for legal and private entities, the possibility for their constructive participation in enhancing the transparency of fiscal eco-regulation in the State in particular, including the encouragement of local responsibility for compliance with environmental requirements when addressing imbalances.