Soile Oinonen

Toward integrative management advice of water quality, oil spills, and fishery in the Gulf of Finland: a Bayesian approach.

Understanding and managing ecosystems affected by several anthropogenic stressors require methods that enable analyzing the joint effects of different factors in one framework. Further, as scientific knowledge about natural systems is loaded with uncertainty, it is essential that analyses are based on a probabilistic approach. We describe in this article about building a Bayesian decision model, which includes three stressors present in the Gulf of Finland. The outcome of the integrative model is a set of probability distributions for future nutrient concentrations, herring stock biomass, and achieving the water quality targets set by HELCOM Baltic Sea Action Plan. These distributions can then be used to derive the probability of reaching the management targets for each alternative combination of management actions.

Cost-Effective Marine Protection - A Pragmatic Approach

This paper puts forward a framework for probabilistic and holistic cost-effectiveness analysis to provide support in selecting the least-cost set of measures to reach a multidimensional environmental objective. Following the principles of ecosystem-based management, the framework includes a flexible methodology for deriving and populating criteria for effectiveness and costs and analyzing complex ecological-economic trade-offs under uncertainty. The framework is applied in the development of the Finnish Programme of Measures (PoM) for reaching the targets of the EU Marine Strategy Framework Directive (MSFD). The numerical results demonstrate that substantial cost savings can be realized from careful consideration of the costs and multiple effects of management measures. If adopted, the proposed PoM would yield improvements in the state of the Baltic Sea, but the overall objective of the MSFD would not be reached by the target year of 2020; for various environmental and administrative reasons, it would take longer for most measures to take full effect.

Assessing Costs and Benefits of Measures to Achieve Good Environmental Status in European Regional Seas: Challenges, Opportunities, and Lessons Learnt

The EU Marine Strategy Framework Directive (MSFD) requires Member States to assess the costs and benefits of Programmes of Measures (PoMs) put in place to ensure that European marine waters achieve Good Environmental Status by 2020. An interdisciplinary approach is needed to carry out such an assessment whereby economic analysis is used to evaluate the outputs from ecological analysis that determines the expected effects of such management measures. This paper applies and tests an existing six-step approach to assess costs and benefits of management measures with potential to support the overall goal of the MSFD and discusses a range of ecological and economic analytical tools applicable to this task. Environmental cost-benefit analyses are considered for selected PoMs in three European case studies: Baltic Sea (Finland), East Coast Marine Plan area (UK) and the Bay of Biscay (Spain). These contrasting case studies are used to investigate the application of environmental cost-benefit analysis including the challenges, opportunities and lessons learnt from using this approach. This paper demonstrates that there are opportunities in applying the six-step environmental cost-benefit analysis framework presented to assess the impact of PoMs. However, given demonstrated limitations of knowledge and data availability, application of other economic techniques should also be considered (although not applied here) to complement the more formal environmental cost-benefit analysis approach.

Marine and coastal ecosystem services on the science–policy–practice nexus: challenges and opportunities from 11 European case studies

ABSTRACT We compared and contrasted 11 European case studies to identify challenges and opportunities toward the operationalization of marine and coastal ecosystem service (MCES) assessments in Europe. This work is the output of a panel convened by the Marine Working Group of the Ecosystem Services Partnership in September 2016. The MCES assessments were used to (1) address multiple policy objectives simultaneously, (2) interpret EU-wide policies to smaller scales and (3) inform local decision-making. Most of the studies did inform decision makers, but only in a few cases, the outputs were applied or informed decision-making. Significant limitations among the 11 assessments were the absence of shared understanding of the ES concept, data and knowledge gaps, difficulties in accounting for marine social–ecological systems complexity and partial stakeholder involvement. The findings of the expert panel call for continuous involvement of MCES ‘end users’, integrated knowledge on marine social–ecological systems, defining thresholds to MCES use and raising awareness to the general public. Such improvements at the intersection of science, policy and practice are essential starting points toward building a stronger science foundation supporting management of European marine ecosystems. EDITED BY Sebastian Villasante

The Role of Economics in Ecosystem Based Management: The Case of the EU Marine Strategy Framework Directive; First Lessons Learnt and Way Forward.

The EU Marine Strategy Framework Directive (MSFD) sets out a plan of action relating to marine environmental policy and in particular to achieving ‘good environmental status’ (GES) in European marine waters by 2020. Article 8.1 (c) of the Directive calls for ‘an economic and social analysis of the use of those waters and of the cost of degradation of the marine environment’. The MSFD is ‘informed’ by the Ecosystem Approach to management, with GES interpreted in terms of ecosystem functioning and services provision. Implementation of the Ecosystem Approach is expected to be by adaptive management policy and practice. The initial socio-economic assessment was made by maritime EU Member States between 2011 and 2012, with future updates to be made on a regular basis. For the majority of Member States, this assessment has led to an exercise combining an analysis of maritime activities both at national and coastal zone scales, and an analysis of the non-market value of marine waters. In this paper we examine the approaches taken in more detail, outline the main challenges facing the Member States in assessing the economic value of achieving GES as outlined in the Directive and make recommendations for the theoretically sound and practically useful completion of the required follow-up economic assessments specified in the MSFD.

Price vs. Value of Marine Monitoring

Monitoring data facilitate the basic understanding of changes taking place in nature and provide information for making management decisions, but environmental monitoring is often considered expensive. Here, we apply the concept of value of information to evaluate the value of marine monitoring in the EU Marine Strategy Framework Directive context. We estimated the costs of the Finnish marine monitoring program and used the costs and economic benefits estimates of the Finnish marine strategy to assess the value of environmental monitoring. The numbers were applied to scenarios with different levels of information available prior to management decision-making. Monitoring costs were related to the value of perfect information prior to the management decision, assuming that managers will choose the management option that maximizes the benefits. The underlying assumptions of the conceptual model are that more accurate information about the status facilitates the selection of an optimal set of measures to achieve the environmental objectives and the related welfare gains from the improved environmental status. Our results emphasize the fact that monitoring is an essential part of effective marine management. Importantly, our study show that the value of marine monitoring data is an order of magnitude greater than the resources currently spent on monitoring and that an improved knowledge base can facilitate the planning of more cost-effective measures.

The Role of Fisheries in Optimal Eutrophication Management

We analyze dynamically optimal eutrophication management using two controls, targeted fishing and reduction of external nutrient loads. Fishing removes nutrients from the water ecosystem, and the size of the fish stock also influences eutrophication through food web effects and other mechanisms. We show that fisheries have a role to play in cost-efficient water quality management in combination with external load reductions. Our numerical application considers phosphorus driven eutrophication, agricultural phosphorus abatement and fisheries targeted on cyprinids on a coastal bay in the Baltic Sea. The socially and privately optimal intensity of fishing efforts, phosphorus abatement and the resulting water quality are influenced by damages, revenues and costs. Furthermore, we show that the link between cyprinid fish stock and water quality, and the form of the fishing industry — sole owner or open access — have joint dynamics that lead to very different outcomes. A weak link between cyprinid stock and water quality is associated with socially optimal stock close to its maximum sustainable yield. This maximizes phosphorus removal. With a strong link, socially optimal stock and phosphorus removal are low. Coincidentally, open-access fishing sometimes yields socially desirable outcome automatically — a market failure in industry structure may counteract eutrophication.

International fisheries management and recreational benefits: The case of Baltic salmon

ABSTRACT This article studies how accounting for the benefits of recreational fisheries affects the formation and stability of an international fisheries agreement (IFA) on the management of Baltic salmon stocks. The interaction between four countries is modelled through a partition function game, under two scenarios. In the first scenario, countries take their participation decision for the IFA based only on the net present value of profits from commercial fisheries. In the second scenario, the net present value of the recreational benefits from angling is also considered. The results show that accounting for recreational benefits leads to the formation of the grand coalition, whereas only partial cooperation occurs when payoffs are confined to profits from commercial fisheries. JEL Codes: C70, F53, Q22.