International University of Travnik , Travnik , Bosnia and Herzegovina
When it comes to the future of the planet, it is challenging to envision it without progress in the field of the green economy. The green economy ensures a fairer distribution of available resources and funds, contributing to the reduction of poverty and inequality in society. Additionally, the green economy has a more positive impact on the consequences of climate change, particularly in the rational management and utilization of existing natural resources. Developed and some moderately developed countries around the world have made significant strides in this regard, reflected in faster economic development and increased use of natural resources for environmental protection and improved living standards. Bosnia and Herzegovina has not done much in this area so far, although the green economy could greatly contribute to the country's faster economic development. This paper will focus specifically on this issue, aiming to enable Bosnia and Herzegovina to start aligning with the developed countries of Europe and the world that have achieved considerable progress in this regard. The goal is also to present the benefits our country will have if we dedicate more time to the development and implementation of projects in the field of the green economy
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