STRATEGIC FRAMEWORK FOR BIODIVERSITY PROTECTION: A CASE STUDY OF THE REPUBLIC OF SRPSKA

Abstract:This paper explores the strategic frameworks and financial mechanisms aimed at biodiversity preservation in the Republic of Srpska. Through an analysis of current regulations and strategic documents in the field of biodiversity, the goal of this research is to identify key issues and provide recommendations for effectively financing biodiversity conservation efforts in the Republic of Srpska. The central research question addresses whether the existing strategic and legislative frameworks adequately recognize the need for biodiversity preservation. The hypothesis guiding this study is that the current strategic and legislative frameworks do indeed acknowledge the importance of biodiversity preservation and that these frameworks include clearly defined financial allocations for biodiversity investment. Through desk research, analysis of the strategic and legislative framework and planned financial resources, we will confirm or refute the hypothesis. One of the primary limitations of this research is the limited access to relevant data concerning biodiversity financing in the Republic of Srpska.

 

Keywords: sustainability, biodiversity, financial management, ecology