The Sofia Initiative on Economic Instruments

The 1995 Environment for Europe Ministerial Conference in Sofia, Bulgaria, approved the Sofia Initiatives which were set up by high level officials from Central and Eastern Europe. By intensifying the sharing of positive experiences, the Sofia Initiatives are intended to broaden and deepen successful initiatives in the region. One of the four Initiatives is on Economic Instruments: The Ministry of Environment of the Czech Republic is chairing the Sofia Initiative on Economic Instruments (SIEI). The Regional Environmental Center provides secretariat support to the implementation of the SIEI. The wider goal and purpose of the SIEI is to support CEE and NIS countries in making more effective use of economic instruments for environmental protection by:

The following project activities are/have been carried out:

  1. Sourcebook on Economic Instruments

    Comprehensive reference material on economic instruments in 14 CEE countries is created. This publication is useful for cross country comparison, bilateral experience exchange, policy making and further research. The material will present achievements and will also allow for identification of key challenges and needs of CEE countries in this area.

  2. SIEI Expert Meeting held on 16-17 April, 1998, at REC Szentendre

    Conclusions from the sourcebook were discussed, trends in the use of economic instruments were analyzed for this report, and possible elements of a work program for the SIEI after the Arhus conference were identified.

  3. Electronic Newsletter on Green Budget Reform

    Up-to-date information on issues related to green budget reform are produced and placed on the web as well as distributed via an email distribution list. The information produced includes reports on challenges and achievements related to green budget reform in the CEE and NIS region, reviews of Western experience with green budget reform, and reports from conferences and workshops.

  4. Reports on Policy Integration and Green Budget Reform in Local Languages

    Reports in local languages of 5 CEE countries will be produced in late 1998 summarizing and discussing the most recent knowledge and experience on green budget reform and the potential benefits of better economic-environmental policy integration. The aim is to increase the awareness of key stakeholders on the issue and to contribute to increased discussion outside environmental circles. The target groups are political and business decision-makers.

Related to the SIEI, the UN/ECE/OECD workshop on the role of economic instruments in integrating environmental and sectoral policies was held in Pruhonice (Czech Republic), October 8-10, 1997. The participants (mostly government officials from countries in transition) were offered practical advice on extending the use of economic instruments to improve the environmental performance of major economic sectors and to promote an integrated approach to economic and environmental decision-making.


REC * PROGRAMS * SOFIA INITIATIVES * ECONOMIC INSTRUMENTS * REPORT ON THE USE OF ECONOMIC INSTRUMENTS * SOFIA INITIATIVE ON ECONOMIC INSTRUMENTS

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