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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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Summary

This report reviews the findings of BalticSTERN, an international research network conducting economic analysis of the on-going and prospective efforts to reduce eutrophication in the Baltic Sea. This report is a companion paper to a summary report: “Worth it: Benefits outweigh costs in reducing eutrophication in the Baltic”, which was published as a background paper of the HELCOM Ministerial Meeting in Copenhagen, October 2013.

English

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