The report "The Baltic Sea - Our Common Treasure. Economics of Saving the Sea" shows that people in countries around the Baltic Sea attach a great value to the Sea and are willing to pay 3 800 million Euros per year to improve the Baltic Sea environment. This exceeds the costs by 1 000 – 1 500 million Euros annually.

BalticSTERN is the first large-scale study to include all nine Baltic Sea countries, estimating the benefits and costs of reducing eutrophication according to the HELCOM Baltic Sea Action Plan.

The report written by the BalticSTERN Secretariat concludes that:

  • A majority of the people living in countries around the Baltic Sea is willing to pay for a healthier marine ecosystem.
  • Aggregated to the whole population in the region people are willing to pay 3800 million Euros annually.
  • The cost of reaching the Baltic Sea Action Plan (BSAP) targets amounts to 2300 — 2 800 million Euros annually, depending on allocation of measures.
  • Thus benefits exceed costs for reaching the BSAP by 1000 — 1500 million Euros annually.

Read more and download the report through Stockholm Resilience Centre