ENVIRONMENTALLY CONSCIOUS BUDGETING SYSTEM: BOLOGNA SAMPLE

Environmentally conscious budgeting system has been developed to be implemented at local governments, especially in municipalities for the protection of the environment at the local level and the management of natural resources. Environmentally conscious budgeting system uses the same methods with the well known annual financial budgeting sysytem. But this system is not approaching to the environment as an amount of money, examines the consumption and protection of natural resources. The system is implemented by various municipalities around the world. Bologna stands out as a municipality that has made significant efforts to protection natural resources and the environment and is among the local governments that have successfully implemented the environmentally conscious budgeting system. In this framework, firstly the definition, scope and objectives of environmentally sensitive budgeting system are mentioned and after then the development and functioning of the system in Bologna is explained in detail.