COMPARATIVE ANALYSIS OF SELECTED ENVIRONMENTAL INDICATORS WITHIN ADJUSTED SAVINGS IN SERBIA AND ROMANIA

Environmental indicators provide an opportunity to compare two or more different environments in a particular unit of time. This paper presents a comparative analysis of selected environmental indicators within adjusted savings in Serbia and Romania between 2008 and 2014. The indicators on which the comparative analysis is based are the following adjusted savings: particulate emission damage, carbon dioxide damage, and energy depletion. Considering that national environmental indicator methodologies of Serbia and Romania are harmonised and adjusted to the EEA (European Environment Agency) methodology, the paper indirectly utilises applicable national methodologies. In addition, the adjusted savings environmental indicators according to the World Bank are used expressed in % of Gross national income (GNI) and current US dollars. The most significant results obtained from the comparative analysis in terms of % of GNI yielded all three possibilities: equal values in both countries (particulate emission damage), one value higher in Serbia (carbon dioxide damage), and one value higher in Romania (energy depletion). The most significant results obtained from the comparative analysis expressed in current US dollars yielded only one possibility - higher values in Romania for all three indicators.