Environmental economic research as a tool in the protection of the Baltic Sea : - costs and benefits of reducing eutrophication

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Environmental economic research as a tool in the protection of the Baltic Sea : - costs and benefits of reducing eutrophication
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Series:
Nordic Council of Ministers
Author(s):
Lassi Ahlvik, Heini Ahtiainen, Janne Artell, Kerstin Blyh, Siv Ericsdotter, Berit Hasler, and Kari Hyytiäinen
Publisher:
Nordic Council of Ministers
Published Date:
June 2014
ISBN:
9789289326919
ISSN:
0908-6692
Page:
72
This report reviews the findings of an ecological/economic analyses regarding the on-going and prospective efforts to reduce eutrophication of the Baltic Sea, conducted by Baltic STERN, an international research network. The results indicate that the overall benefits of fulfilling the targets of the HELCOM Baltic Sea Action Plan (BSAP)clearly outweigh their aggregate costs, suggesting that the BSAP is an economically sound plan for solving the transboundary eutrophication problem. The cost ofinaction - not implementing the objectives of the BSAP -would be significant.
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