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 BalticSTERN, 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 of inaction - not implementing the objectives of the BSAP - would be significant.The red arrows in Figure 8 denote those model components (biogeochemical models and survey data on citizensa#39; willingness ... Ecological economic framework More details regarding cost-benefit analysis can be found from the final report ofanbsp;...
|Title||:||Environmental economic research as a tool in the protection of the Baltic Sea|
|Author||:||Kari Hyytiäinen, Kerstin Blyh, Berit Hasler, Lassi Ahlvik, Heini Ahtiainen, Janne Artell, Siv Ericsdotter|
|Publisher||:||Nordic Council of Ministers - 2014-03-21|