Trend of green growth indicators in EU countries after accession

Abstract

This paper examines the latest advancements in green growth among EU member countries, with a focus on Serbia. It aims to compare green growth indicators across different countries by employing two defined hypotheses. This analysis utilizes data from the OECD statistics database, specifically focusing on annual data related to CO2 emissions and renewable energy. The choice of these indicators is based on their causal relationship to green growth. The research is based on the methodology of comparative analysis for selected indicators. The first section applies to CO2 emission indicators with trends, while the second section analyses the renewable energy situation. All considerations were made by creating groups of EU member countries by year of accession: 2004 (for 10 countries), 2007 (for 2 countries), and 2013 (for Croatia) for selected indicators. The utilization of combined datasets facilitated the evaluation of positive trend outcomes in Serbia.