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PARLIAMENT DEBATING SETTING UP OF ENVIRONMENTAL PROTECTION FUND

ZAGREB, Nov 27 (Hina) - The Croatian parliament is debating a bill proposing the establishment of a fund for environmental protection and power effectiveness.
ZAGREB, Nov 27 (Hina) - The Croatian parliament is debating a bill proposing the establishment of a fund for environmental protection and power effectiveness. #L# The fund would be financed through compensations paid by polluters, deeds of donation and incentives, as well as from the state budget. Funds of this kind have already yielded results in developed countries in transition by encouraging additional investments in environmental protection. Parliament's Legislation Committee on Wednesday suggested a third reading of the bill because it is unclear if the fund will be budgetary or non-budgetary. Bench representatives supported the government's intention to establish a fund in bids to halt the devastation of the environment, but also voiced concern that the fund's functioning was questionable due to lack of money. (hina) ha sb

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