Environmental compensation: Key conditions for increased and cost effective application
Nordic Council of Ministers, Nordic Council of Ministers Secretariat, Miljø- og Økonomigruppen (MEG)Nordic Council of Ministers, Nordic Council of Ministers Secretariat, Arbejdsgruppen for Terrestriske Økosystemer (TEG)2015 (English)Book (Other academic)
Environmental impacts are increasing due to human activities. The overuse of the benefits nature provides us is the direct result of our failure to put a price on these benefits. One way of addressing this is to require environmental compensation.
The purpose of the study is to provide Nordic Council of Ministers and national decision-makers with an overview of key conditions for increased, flexible and cost-effective application of compensation.
The study shows that for a relatively small cost society can make a significant investment in the provision of biodiversity and ecosystem services by requiring compensation.
The study outlines three main recommendations on how to increase the use of environmental compensation:
1. Stimulate supply of, and demand for, compensation
2. Clarify and supplement guidelines and legal framework
3. Strengthen Nordic cooperation on compensation
Place, publisher, year, edition, pages
Copenhagen: Nordisk Ministerråd, 2015. , 145 p.
TemaNord, ISSN 0908-6692 ; 2015:572
Research subject Environment; Marine environment; Rural environment; Genetic resources; Nature; Animal life; Sustainable development; Green growth
IdentifiersURN: urn:nbn:se:norden:org:diva-4129DOI: 10.6027/TN2015-572ISBN: 978-92-893-4335-0ISBN: 978-92-893-4337-4ISBN: 978-92-893-4336-7OAI: oai:DiVA.org:norden-4129DiVA: diva2:858413