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Environmental economic research as a tool in the protection of the Baltic Sea

Costs and benefits of reducing eutrophication

image of Environmental economic research as a tool in the protection of the Baltic Sea

This report reviews the findings of an ecological/economicanalyses regarding the on-going and prospective effortsto reduce eutrophication of the Baltic Sea, conducted byBalticSTERN, an international research network. The results indicate that the overall benefits of fulfillingthe targets of the HELCOM Baltic Sea Action Plan (BSAP)clearly outweigh their aggregate costs, suggesting thatthe BSAP is an economically sound plan for solvingthe transboundary eutrophication problem. The cost ofinaction - not implementing the objectives of the BSAP -would be significant.

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Conclusions

Economic research on water resource management can serve as a salient tool when planning, designing, and evaluating international and national water management plans and policies. In this regard, the three most important conclusions from BalticSTERN’s research are...

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