摘要:The growing environmental problems with a global impact on the quality of the environment require increasing attention from all countries and the urgent adoption and implementation of established measures to protect the environment. The presented contribution points to the necessity of financial resources in the process of improving the environment. It aims to analyze public expenditures and investments spent on the environment in the European Union and the Slovak Republic, and to identify the main environmental areas to which funds flow. The aim is to assess the effectiveness of the funds spent in relation to selected indicators focused on waste management. After the analysis of the state and development of public expenditures and investments and the analysis of the methods of municipal waste management, the contribution results in the search for dependence between public expenditures and the materially and energetically recovered amount of municipal waste.