Benefits of meeting the Baltic Sea nutrient reduction targets - Combining ecological modelling and contingent valuation in the nine littoral states

Heini Ahtiainen, Linus Hasselstrom, Janne Artell, Daija Angeli, Mikolaj Czajkowski, Jürgen Meyerhoff, Mohammed Alemu, Kim Dahlbo, Vivi Fleming-Lehtinen, Berit Hasler, Kari Hyytiainen, Aljona Karloseva, Yulia Khaleeva, Marie Maar, Louise Martinsen, Tea Nommann, Ieva Oskolokaite, Kristine Pakalniete, Daiva Semeniene, James Smart and Tore Soderqvist

No 127123, Discussion Papers from MTT Agrifood Research Finland

Abstract: One of the most serious threats to the Baltic Sea and its ecosystem services is human-induced eutrophication. European Union legislation, in the form of the Marine Strategy and Water Framework Directives, requires information on the benefits of improving the condition of the sea to a good environmental status. Our study uses a unique dataset collected from all nine littoral countries of the Baltic Sea, in combination with state-of-the-art marine modelling of the area, to estimate the benefits of reducing eutrophication in the Baltic Sea. We find average willingness to pay (WTP) for decreased eutrophication to differ substantially by country, but also that there is a general acceptance to pay more to improve the status of the whole sea area. We estimate the aggregate WTP for an improvement in the eutrophication level following the HELCOM Baltic Sea Action Plan (BSAP) to be 4000 million Euros annually. Our results provide, however, a strong message to the decision makers about the need for ensuring fulfilment of the policy targets in the BSAP. Failure to fulfil the targets would imply foregoing substantial societal benefits.

Keywords: Environmental Economics and Policy; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 55
Date: 2012-06
New Economics Papers: this item is included in nep-env
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:mttfdp:127123

DOI: 10.22004/ag.econ.127123

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