This Indicator presents an Assessment of National Green Economy and Sustainable Development Strategies published in Mediterranean Countries. According to United Nations Environmental Programme, green economy aims “to improve human well-being and social equity while significantly reducing environmental risks and ecological scarcity”.
The United Nations Economic Commission for Europe (UNECE) Convention on access to information, public participation in decision-making and access to justice in environmental matters was adopted on 25 June 1998 in the Danish city of Aarhus at the Fourth Ministerial Conference as part of the “Environment for Europe” process.
This indicator is multiple, taking into account the share of bank credits allocated to the private sector and the existence of alternative financing systems to bank credit.
This indicator is made up of two sub-indicators that are defined as the share allocated for R&D of the operational budget of the public sector and the share of the R&D expenditures in the GDP of private sector.