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Vol 4, 2014
Pages: 343 - 353
Review paper
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INTERNACIONALNI UNIVERZITET TRAVNIK U TRAVNIKU
EKONOMSKI FAKULTET TRAVNIK U TRAVNIKU
PRAVNI FAKULTET TRAVNIK U TRAVNIKU
FAKULTET ZA MEDIJE I KOMUNIKACIJE TRAVNIK U TRAVNIKU

u saradnji sa

MIT UNIVERZITET SKOPLJE, SJEVERNA MAKEDONIJA
VEVU, VELEUČILIŠTE LAVOSLAV RUZIČKA U VUKOVARU, HRVATSKA
VELEUČILIŠTE VIMAL, SISAK, HRVATSKA
CKKPI, TRAVNIK, BOSNA I HERCEGOVINA

organizuju

31. MEĐUNARODNU KONFERENCIJU

EKONOMSKE, PRAVNE I MEDIJSKE INTEGRACIJE BOSNE I HERCEGOVINE I ZEMALJA ZAPADNOG
BALKANA KAO KLJUČNI POKRETAČ EUROPSKIH VRIJEDNOSTI

12. – 13. decembar 2025. godine

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Received: 28.04.2014. >> Accepted: 09.05.2014. >> Published: 23.05.2014. Review paper

ODRŽIVI RAZVOJ ZAŠTIĆENIH PODRUČJA: FINANSIJSKI ASPEKTI/ SUSTAINABLE DEVELOPMENT OF PROTECTED AREAS: FINACIAL ASPECTS

By
Radislav Jovović ,
Radislav Jovović
Nebojša Jovović
Nebojša Jovović
Abstract

Ambition of this paper is to provide framework which will support establishment of comprehensive, ecologically representative, and effectively financed and managed regional and national protected areas. This will contribute to significantly reduce the rate of biodiversity loss, and help the overall sustainable development. Although some progress has 
been achieved over the past decades, to date most protected area systems around the world are still severely underfunded. In most cases, protected areas are still dependent upon limited national budget allocations, support from international conservation organizations and shortterm international funding though projects. Luck of good management, especially financial management, is the serious reason for that. The hypothesis of this paper is that it is necessary 
to provide secure sources of funds for PAs. Securing adequate funds is a necessary but not sufficient condition for PAs to be managed effectively and financed sustainably. It is also necessary to consider the quality, form, timing, targeting, uses and sources of funding. In order to address the above issues, the paper encompasses the next stages: (1) examination the 
different aspects of financial analysis (the financial needs and gaps of protected areas), (2) defining financial mechanisms, (3) analyze the conditions that enable the development of financial strategies, and development of financial plan.

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