| Stage title |
Proposed steps for implementation |
| 1st stageLegislative |
Creating a legislative framework for conducting monitoring based on the latest programs and concepts in the area of regional development, a budgeting process and orders of the regional authorities. |
| 2nd stageInformational |
Creating a single monitoring database, forming streams of information and an analytical exchange between territorial administrative units. Making the results of monitoring public. |
| 3rd stageOrganizational |
Determining the required combination of reporting and persons responsible for collecting information, its preparation and processing.Developing measures to achieve the given threshold values of the resultant indicator. |
| 4th stageResulting |
Identifying the degree of achievement of goals and objectives. Calculating the efficiency and return on investment and costs. Determining the threshold values of the resulting index assessing the development of "green" economy. |
| 5th stageControlling |
Checking the completeness and accuracy of the processed information used in monitoring analytics. Introducing the necessary corrective measures to achieve the target values. |
