Eutrophication of the Baltic Sea can only be stopped by greatly reducing the phosphorus and nitrogen load entering the sea. The objective of the NutriTrade project is to enable nutrient reductions in the Baltic Sea area with fast, effective and economically efficient measures so that the targets set by HELCOM (Baltic Sea Action Plan, 2007) can be achieved. The project is of high policy relevance for the Baltic Sea region and has been nominated as a flagship project of the EU Baltic Sea Region Strategy.
NutriTrade develops new innovative policy instruments promoting cost-effective, cross-border, cross-sector nutrient reduction measures in the Baltic Sea basin. The project will pilot a platform for voluntary nutrient trading, nutrient offsets and joint implementation of nutrient reduction targets in Baltic Sea area. The NutriTrade platform will connect effective nutrient abatement measures with voluntary financiers willing to acquire nutrient offsets and neutralize their nutrient footprint
In the pilot scheme, several proven nutrient abatement measures including e.g. mussel farming, gypsum treatment of fields, and fishing of cyprinids will be implemented, resulting in phosphorus load reductions of up to 50 t/a. At the same time, the project will develop
1) credible nutrient offset verification mechanisms, and
2) assessment mechanisms to find and support innovative but proven and verifiable nutrient reduction methods which have not yet become market-driven or integrated into governmental policies.
The platform will first function with phosphorus offsets, but can later be expanded also to nitrogen.
The lessons learned in the pilot scheme will be used for analyzing nutrient trading as a water policy instrument on a national level, and also for the analysis of a Baltic Sea wide inter-governmental nutrient trading. Based on these, NutriTrade will produce policy recommendations for the Baltic Sea region.
Expected Results (EN):
R2.4. The amounts of nutrients, hazardous substances and toxins inflows into the Baltic Sea
Expected Outputs (EN):
The main results of NutriTrade will be:1. A functioning nutrient offset platform for the Baltic Sea. The experiences gathered from the voluntary scheme will be utilized for developing regulation based and inter-governmental trading.2. A transparent framework for measuring cost efficiency (€/kg) of nutrient reduction efforts and identifying new innovative reduction methods. The framework can have a multitude of application areas within the Baltic Sea revival context.3. A mechanism enabling companies, municipalities, associations, private citizens etc. to neutralize their nutrient footprint. Through NutriTrade citizens can channel their concern over the Baltic Sea into concrete and transparent nutrient reduction initiatives which improve their own living environment. 4. Concrete and masurable removal of phosphorus from the Baltic Sea of at least 50t/a through concrete measures listed under “Pilots”. After the full scale roll-out, annual trading volumes of several hundred tons annually are targeted.5. A sustainable financing mechanism for innovations/measures which reduce nutrients from the Baltic Sea but have not yet become commercially viable or included in institutional financing frameworks (such as agri-environmental support). This will also increase private financing for water protection measures traditionally financed by the public sector.6. Policy analysis and a roadmap on the future use of nutrient trading in water protection policy.The project links to the result indicator by:1) implementing and supporting pilot measures, which reduce up to 50 t/a of phosphorus already during the project.2) establishing a mechanism (platform) for identifying, financing, implementing and verifying effective nutrient reduction measures in the future.3) analyzing opportunities and challenges, and providing policy recommendations, for using joint implementation/nutrient trading in national and intergovernmental Baltic Sea protection efforts.